(b)   That the nomination shall become invalid in the event of the happening of a contingency specified therein.

Provided that if at the time of making the nomination the subscriber has only one member of the family, he shall provide in the nomination that the right conferred upon the alternative nominee under clause (a) shall become invalid in the event of his subsequently acquiring other member of members in his family.

6)         Immediately on the death of a nominee in respect of whom no special provision has been made in the nomination under clause (a) of sub-regulation (5) or on the occurrence of any event by reason of which the nomination becomes invalid in pursuance of clause (b) of sub-regulation (5) or the proviso thereto the subscriber shall send to the Head of Department, a notice in writing canceling the nomination, together with a fresh nomination made in accordance with the provisions of this regulation.

7)         Every nomination made, and every notice of cancellation given by a subscriber shall, to the extent that it is valid, take effect on the date on which it is received by the Head of Department.

(7)        Subscriber’s Account:               An account shall be opened in the name of each subscriber in which shall be shown:

            i)          His subscriptions;

            ii)         Interest, as provided by Regulations-II, on subscriptions; and

            iii)         Advances and with-drawals from the fund.

(8)        Conditions of subscription:

1)         A subscriber shall subscribe monthly to the fund except during the period when he is under suspension.

Provided that a subscriber may, at his option, not subscribe during leave which either does not carry any leave salary or carries leave salary equal to or les than half pay or half average pay:

Provided further that a subscriber on re-instatement after a period passed under suspension shall be allowed the option of paying in one lumpsum, or in instalments, any sum not exceeding the maximum amount of arrear subscriptions payable for the period.

NOTE:             A subscriber need not subscribe during the period treated as dies-non.

(ii)        The subscriber shall intimate in writing his election not to subscribe during leave (referred to in the first provide to sub-regulation (1) of Regulations 8) to the Accounts Officer failure to make due and timely intimation shall be deemed to constitute on election to subscribe.  The option of a subscriber initiated under this sub-regulation shall be final.

(iii)       A subscriber who has under Regulations 22 withdrawn the amount standing to his credit in the fund shall not subscribe to the fund after such with-drawal unless he returns to duty.

(iv)       Notwithstanding anything contained in sub-Regulations (i) a subscriber shall not subscribe to the fund for the month in which he quits service unless, before the commencement of the said month, he communicates to the Head of Department in writing his option toto subscribe for the said month.

9.         Rates of subscription:   

(i)         The amount of subscription shall be fixed by the subscriber himself, subject to the following conditions, namely

(a)                It shall be expressed in whole rupees:

(b)               It may be any sum, so expressed not less than six percent of his emoluments and not more than his total emoluments.

Provided that in the case of a subscriber who has previously been subscribing to a contributory provident fund at the higher rate of 0-1/3 percent, it may be any sum, so expressed, not less than 8-1/3% of his emoluments and not more than his total emoluments.

(c)                When an employee elects to subscribe at the minimum rate of 6% or 8-1/3% as the case may be, the fraction of a rupee will be rounded to the nearest whole rupee, 50 ps. counting as the next higher rupee.

(ii)        For the purpose of sub-regulation (i), the emoluments of a subscriber shall be-

(a)    In the case of a subscriber who was in Board’s service on the 31^st march, of the preceding year, the emoluments to which he was entitled on that date.

Provided that;

i)          If the subscriber was on leave on the said date, and elected not to subscribe during such leave or was under suspension on the said date, his emoluments shall be emoluments to which he was entitled on the first day after his return to duty:

ii)         If the subscriber was on deputation out of India on the said date or was on leave on the said date and continues to be on leave and has elected to subscribe during such leave, his emoluments shall be the emoluments to which he would have been entitled had been on duty in India.

(b)        In the case of a subscriber who was not in Board’s service on the 31^st March of the proceding year, the emoluments to which he was entitled on the day he joins the fund.

iii)         A subscriber shall intimate the fixation of the amount of his monthly subscription in each year in the following manner.

(a)    If he was on duty on the 31^st March of the preceding year, by the deduction which he make in this behalf from his pay bill for that month;

(b)   If he was on leave on the 31^st March of the preceding year, and elected not to subscribe during such leave, or was under suspension on that date by the deduction which he makes in this behalf, from his first pay bill after his return to duty.

(c)    If he was entered board’s service for the first time during the year, by the deduction which he makes in this behalf, from his pay bill for the month during which he joins the fund.

(d)   If he was on leave on the 31^st March of the preceding year, and continues to be on leave and has elected to subscribe during such leave, by the deduction which he causes to be made in this behalf from his salary bill for that month.

(e)    If he was on foreign service on the 31^st March of the preceding year, by the amount credited by him to the Board’s account on account of subscription for the month of April, in the current year.

iv)        The amount of subscription so fixed may be-

(a)    reduced once at any time during the course of the year;

(b)   enhanced twice during the course of year; or

(c)    reduced and enhanced as aforesaid.

Provided that when the amount of subscription is so reduced it shall not be less than the minimum prescribed in sub-regulation (1).

Provided further that if a subscriber is on leave without pay or leave on half pay or half average pay for a part of a calender month and he has elected not to subscribe during such leave, the amount of subscription payable shall be proportionate to the number of days spent on duty including leave, if any, other than those referred to above.

10.       Transfer to foreign service or deputation out of India.

            When a subscriber is transferred to foreign service or sent on deputation out of India, he shall remain subject to the regulations of the fund in the same manner as if he were not so transferred or sent on deputation.

11.       Realisation of subscriptions:

(i)         When emolouments are drawn in India from an authorised office of disbursement outside India, recovery of subscriptions on account of these emoluments and of the principal and interest of advances shall be made from the emoluments themselves.

(ii)        When emoluments are drawn from anyother sources, the subscriber shall forward his dues monthly to the Accounts Officer;

            Provided that in the case of a subscriber on deputation to a body corporate, owned or controlled by Government, the subscriptions shall be recovered and forwarded to the Accounts Officer by such body.

(iii)       If a subscriber fails to subscribe with effect from the date on which he is required to join the fund or is on default in any month or months during the course of an year otherwise than is provided for in regulation 8, the total amount due to the fund on account of arrears of subscriptions shall, with interest thereon at the rate provided in regulation 12, forthwith be paid by the subscriber to the Fund or in default be ordered by the Accounts Officer to be recovered by instalments or otherwise, as may be directed by the authority competent to sanction an advance for the grant of which special reasons are required under sub-regulation (2) of Regulation-14.

            Provided that the subscribers whose deposits in the fund carry no interest shall not be required to pay any interest.

12.       Interest:            (i)         Subject to the provisions of sub-regulation (5), the Board shall pay to the credit of the account of a subscriber interest at such rate as may be determined for each year by the Board.

Provided that the subscriber who was previously subscribing to any other provident fund of the Central Government and whose subscriptions, together with the interest thereon, have been transferred to his credit in his fund under regulation 24 shall be allowed interest at 4 percent, if he had been receiving that rate of interest under the rules of such other fund.

ii)         Interest shall be credited with effect from last day in each year in the following manner:

(a)    On the amount to the credit of a subscriber on the last day of the proceeding year, less any sums withdrawn during the current year interest for twelve months;

(b)   On sums withdrawn during the current year – interest from the beginning of the current year upto the last day of the month preceding the month of withdrawal;

(c)    On all sums credited to the subscriber’s account after the last day of the preceding year – interest from the date of deposit up to the end of the current year.

(d)   The total amount of interest shall be rounded to the nearest whole rupee (fifty paise counting as the next higher rupee).

Provided that when the amount standing to the credit of a subscriber has become payable, interest shall thereup on be credited under this regulation in respect only of the period from the beginning of the current year or from the date of deposit, as the case may be, upto the date on which the amount standing to the credit of the subscriber became payable.

(iii)       In this regulation, the date of deposit shall in the case of a recovery from emoluments be deemed to be the first day of the month in which it is recovered, and in the case of an amount forwarded by the subscriber, shall be deemed to be the first day of the month of receipt, if it is received by the Accounts Officer before the fifth day of that month, but if it is received on or after the fifth day of that month, the first day of the next succeeding month;

Provided that where there has been delay in the drawal of pay or leave salary and allowances of a subscriber and consequently in the recovery of his subscription towards the fnd, the interest on such subscription shall be payable from the month in which the pay or leave salary of the subscriber was due under the Regulations, irrespective of the month in which it was actually drawn;

Provided further that in the case of an amount forwarded in accordance with the proviso to sub-regulating (ii) of regulation 11, the date of deposit shall be deemed to be the first day of the month if it is received by the Accounts Officer before the fifteenth day of the month.

Provided further that where the emoluments for a month are drawn and disbursed on the last working day of the same month, the date of deposit shall, in the case of recovery of his subscriptions, be deemed to be the first day of the succeeding month.

(iv)       In addition to any amount to be paid under Regulations 20, 21 or 22, interest thereon upto the end of the month preeding that in which the payment is made, or upto the end of the sixth month after the month in which such amount, became payable which ever of these periods be less, shall be payable to the person to whom such amount is to be paid.

            Provided that where the Accounts Officer has intimated to that person (or his agent) a date on which he is prepared to make payment in cash, or has posted a cheque in payment to that person, interest shall be payable only upto the end of the month preceding the date so intimated, or the date of posting the cheque as the case may be.

13.       Transfer from other services:     (1) Subject to the sanction of the Chairman / Dy.Chairman in each case, a person who has joined the Board’s service from the service of any government or other employer, may, if he comes a subscriber to the fund, have any amount standing to his credit in a provident fund maintained by the Government, or other employer on the date of his joining the board’s service, transferred to his credit in the fund.  The amount so transferred shall carry interest only it shall not entitle the subscriber to any contribution bythe Board in respect thereof.

(2)  In the event of a subscriber to the fund being permanently transferred to a service under a Government of any other employer, the balance in the provident fund account of the subscriber may, instead of being paid in cash, be transferred to this account with the new employer and there upon these regulations shall cases to apply to him.

(3)  The provident fund money held in Visakhapatnam Port Trust should continue to earn interest at the normal rate till the date of transfer of the amount.

14.       Advance from the fund: (1) The appropriate sanctioning authority may sanction he payment to any subscriber of an advance consisting of a sum of whole rupees and not exceeding in amount three months pay or half the amount standing to his credit in the fund, whichever is less, for one or more of the following purposes.

(a)    to pay expenses in connection with the illness or confinement or a disability, including where necessary the traveling expenses of the subscriber and members of his family or any  person actually dependent on him.

(b)   To meet the cost of higher education, including where necessary, the traveling expenses of the subscriber and members of his family or any person actually dependent on him in the following cases, namely.

(i)         For education outside India for academic, technical, professional or vocational course beyond the high school stage;

and

(ii)        For any medical, Engineering or other technical or specialized course in India beyond the High school stage, provided that the courses are under taken from the recognized institutions.

(c)        To pay obligatory expenses on a scale appropriate to the subscribers status which by customary usage the subscriber has to incur in connection with betrothel or marriages, funerals or other ceremonies:

(d)        to meet the cost of legal proceedings instituted by or against the subscriber for indicating his position in regard to any allegations made against him in respect of any act done or purporting to be done by him in the discharge of his duty, any member of his family or any person actually dependent upon him, the advance admissible for the same purpose from any other source.

Provided that the advance under this sub-regulation shall not be admissible to a subscriber who institutes legal proceedings in any court of law either in respect of any matter unconnected with his duty or against the Board in respect of conditions of service or penalty imposed on him.

(f)         To meet the cost of the subscriber’s defence where he engages a legal practitioner to defend himself in an enquiry in respect of any alleged official misconduct on this part.

(g)        In other cases of acute distress at the discretion of the Chairman.

(2)        The appropriate sanctioning authority may in special circumstances, sanction the payment to any subscriber of an advance, if it is satisfied that the subscriber concerned requires the advance for reasons other than those mentioned in sub-regulation (1).

(3)        An advance shall not, except for special reasons to be recorded in writing, be granted to any subscriber in excess of the limit laid down in sub-regulation (1) or until repayment of the last instalment of any previous advance together with interest thereon.

(4)        When an advance is sanctioned under sub-regulation (3) before repayment of last instalment of any previous advance is completed the balance of any previous advance not recovered shall be added to the advance so sanctioned and the installments for recovery shall be fixed with references to the consolidated amount.

(5)        After sanctioning the advance, the amount shall be drawn on an authorization from the accounts officer in case where the application for final payment had been forwarded to the Accounts Officer under clause (ii) of sub-regulation (3) of Regulation (23).

NOTE: (1)        For the purpose of this regulation, pay includes dearness pay where admissible.

(2)        For the purpose of this regulation, the appropriate sanctioning authority shall be the authority that may be authorised by the board to sanction advances from time to time.

(3)        A subscriber shall be permitted to take an advance once in every six months under item (b) of sub-regulation (1) of Regulation-14.  However, the Chairman may on an application by the employee duly explaining the circumstances relax the said proviso.

15.       RECOVERY OF ADVANCE:            An advance shall be recovered from the subscriber in such number of equal monthly instalments as the Chairman or any other officer authorised to sanction the advance may direct but such number shall not be less than 12 unless the subscriber so elects and more than 24.  In special cases where the amount of advance exceeds three months pay of the subscriber under sub-regulation (3) of Regulations 14, the authority sanctioning the advance may fix such number of instalments exceeding to be more than 24, but in no case more than 36.  A subscriber may, at his option, repay more than one instalment in a month.  Each instalment shall be a number of whole rupees, the amount of the advance being raised or reduced if necessary, to admit of the fixation of such instalments.

(2)        Recovery shall be made in the manner prescribed in Regulations 11 for the realization of subscriptions, and shall commence with the issue of pay for the month following the one in which the advance was drawn.  Recovery shall not be made, except with the subscriber’s consent while he is in receipt of subsistence grant or is on leave for 10 days or more in a calendar month which either does not carry any leave salary or carries leae salary equal to or less than half pay or half average pay, as the case may be.  The recovery may be postponed, on the subscriber’s written request, by the Chairman during the recovery of an advance of pay granted to the subscriber.

(3)        If an advance has been granted to a subscriber and drawn by him and the advance is subsequently disallowed before repayment is completed, the whole or balance of the amount withdrawn shall with interest at the rate provided in Regulation 12 forthwith be repaid by the subscriber to the fund or in default be ordered by the Accounts Officer to be recovered by deduction from the emoluments of the subscriber in a lumpsum or in monthly instalments not exceeding 12 as may be directed by the Chairman or the authority competent to sanction an advance for the grant of which, special reasons are required under sub-reg.  (3) or Regulations 14.

Provided that, before such advance is disallowed, the subscriber shall be given an opportunity to explain to the sanctioning authority in writing and within fifteen days of the receipt of the communication why the repayments shall not be enforced and if an explanation is submitted by the subscriber within the said period of fifteen days, it shall be referred to the sanctioning authority for decision, and if no explanation within the said period is submitted by him, the repayment of the advance shall be enforced in the manner prescribed in this sub-regulation.

(4)        Recoveries made under this regulation shall be credited as they are made to the subscribers account in the fund.

16.       Wrongful use of advance :         Notwithstanding any thing contained in these Regulations, if the sanctioning authority has reason to doubt that money drawn as an advance from the fund under Regulations 14 has been utilized for a purpose other than that for which sanction was given to the drawal of the money, he shall communicate the subscriber the reasons for his doubt and require him to explain in writing and within fifteen days of the receipt of such communication whether the advance has been utilized for the purpose for which sanction was given to the drawal of the money.  If the sanctioning authority is not satisfied with the explanation furnished by the subscriber within the said period of fifteen days, the sanctioning authority shall direct the subscriber to repay the amount in question to the fund forthewith or, in default, order the amount to be recovered by deduction in one sum from the emoluments total amount to be repaid be more than half the subscriber’s emoluments, recoveries shall be made in monthly instalments of moieties of his emoluments till the entire amount is repaid by him.

NOTE:             In this regualtion the terms emoluments, does not include subsistence grant.

17.       Withdrawals from the fund:

(1)        Subject to the conditions specified therein, withdrawals may be sanctioned by the authorities competent to sanction an advance for special reasons under sub-regulation (3) or regulation 14 at any time.

(A)       After the completion of fifteen years, of service (including broken periods of service, if any) of a subscriber or within ten years before the date of his retirement on superannuation, whichever is earlier, from the amount standing to his credit in the fund, for one or more of the following purposes, namely:

a)         Meeting the cost of higher education, including where necessary, the traveling expenses  of the subscriber or ay child of the subscriber in the following cases, namely.

i)          For education outside India for academic, technical, professional or vocational course beyond the High school stand and;

ii)         For any medical, engineering or other technical or specialized courses in India beyond the high school stage, as indicated in second schedule.

b)         Meeting the expenditure in connection with the betrothal / marriage of the subscriber or his sons or daughters, and any other female relation actually dependent on him;

c)         Meeting the expenditure in connection with illness, including where necessary, the traveling expenses, if the subscriber and members of his family or any persons actually dependent on him;

d)         Meeting the cost of consumer durables such as TV/VCR/VCP/Washing machines, colling rank, geysers, computer etc.

(B)       During the service of a subscriber from the amount standing to his credit in the fund for one or more of the following purposes, namely;

(a)    Building or acquiring a suitable house or ready built flat for his residence including the cost  of the site or any payment towards allotment of a plot or flat by the VUDA, State Housing Board or a House Building Society.

(b)   Repaying an outstanding amount on account of loan expressly taken for building or requiring a suitable house or ready built flat for his residence;

(c)    Purchasing a house site for building a house thereon for his residence or repaying any outstanding amount on account of loan expressly taken for this purpose;

(d)   Reconstruction or making additions or alterations to a house or a flat already owned or acquired by a subscriber;

(e)    Renvoating, additions or alterations or upkeep of ancestral house or to a house built with the assistance of loan from Board.

(f)     Constructing a house on a site purchase under clause (c).

(C)       Within 12 months before the date of subscriber’s retirement on superannuation from the amount standing to the credit in the fund, without linking to any purpose.

NOTE: A subscriber who has availed him self of an advance under the scheme of the Ministry of Works & Housing for the grant of advance for house building purpose or has been allowed any assistance in this regard from any other source, shall be eligible for the grant of final withdrawal under sub-clause (a), (c), (d) and (f) of clause (B) for the purpose specified therein and also for the purpose of repayment of any loan taken under the aforesaid scheme subject to the limit specified in the provise to sub-regulation (1) of Regulation 18.

            If a subscriber has an ancestral house or built a house at a place other than the place of his duty with the assistance of loan taken from the Board shall be eligible for the grant of final withdrawal under sub-clause (a), (c) and (f, of clause (b) for purchase of a house site or for construction of another house or for acquiring a ready-built flat at the place of his duty.

NOTE (2):       Withdrawal under sub-clause (a), (b), (e) or (f) of clause (b) shall be sanctioned only after a subscriber has submitted a plan of the house to be constructed or of the additions or alterations to be made, duly approved by the local municipal body of the area where the site or house is situated and only in cases where the plan is actually got to be approved.

(3)                    The amount of withdrawal sanctioned under sub-clause (b) of clause (B) shall not exceed 3/4^th of the balance on date of application together with the amount of previous withdrawal under sub-clause (a), reduced by the amount of previous withdrawal.  The formula to be followed is 3/4^th of (the balance as on date plus amount of previous withdrawal (s) for the house in question) minus the amount of the previous withdrawal (s).

(4)                    Withdrawal under sub-clause (a) or (b) of clause (B) shall also be allowed where the house is in the name of wife or husband provided she or he is the first nominee to receive provident fund money in the nomination made by the subscriber.

NOTE (5):       Only one withdrawal shall be allowed for the same purpose under this regulation.  But, marriage or education of different children or illness or different occasions or a further addition or alteration to a house or flat covered by a fresh plan duly approved by the local municipal body of the area where the house or flat is situated shall not be treated as the same purpose.  Second or subsequent withdrawal under sub-clause (a) or (f) clause (B) for completion of the same house shall be allowed upto the limit laid down under note (3).

NOTE (6):       A withdrawal under this regulation shall not be sanctioned if an advance under Regulations 14 is being sanctioned for the same purpose and at the same time.

(2)                    Whenever a subscriber is in a position to satisfy the competent authority about the amount standing to his credit in the General Provident Fund Account with reference to the latest available statement of General Provident Fund Account together with the evidence of subsequent contribution, the competent authority may itself sanction withdrawal within the prescribed limits, as in the case of a refundable advance.  In doing so, the competent authority shall take into account any withdrawal or refundable advance already sanctioned by it in favour of the subscriber.  Where, however, the subscriber is not in a position to satisfy the competent authority about the amount standing to his credit or where there is any doubt about the admissibility of the withdrawal applied for, a reference ma be made to the Accounts Officer by the competent authority for ascertaining the amount standing to the credit of the subscriber with a view to enable the competent authority to date mine the admissibility of the amount of withdrawal.  The sanction for the withdrawal should prominently indicate the general provident fund account number and the accounts officer maintaining the accounts and a copy of the sanction should invariably be endorsed to that Accounts Officer.  The sanctioning authority shall be responsible to ensure that an acknowledgement is obtained from the Accounts Officer than the sanction for withdrawal has been noted in the ledger account of the subscriber is in excess of the amount to the credit of the subscriber or otherwise inadmissible, the sum withdrawn by the subscriber shall forthwith be repaid in one lumpsum by the subscriber to the fund and in default of such repayment, it shall be ordered by the sanctioning authority to be recovered from his emoluments either in lumpsum or in such number of monthly instalments as ma be determined by the sanctioning authority.

(3)                    After sanctioning the withdrawal the amount shall be drawn on an authorization from the Accounts Officer in case where the application for final payment had been forwarded to the Accounts Officer under clause (ii) of sub-regulation (3) of Regulation 23.

18.                   Conditions for withdrawal:        (1)        Any sum withdrawn by a subscriber at any one item for one or more of the purposes specified in regulation 17 from the amount standing to his credit in the fund shall not ordinarily exceed one half of such amount or six months’ pay, whichever is less.  The sanctioning authority may, however sanction the withdrawal of an amount in excess of this limit upto three-fourths of the balance at his credit in the fund having due regard to (1) the object for which the withdrawal is being made, (ii) the status of the subscriber, ad (iii) the amount to his credit in the fund in case of withdrawal under clause (A) and upto 90% of balance at credit in case of withdrawals under clause (8) of sub-regulation (1) Regulation 17.

Provided that in no case the maximum amount of withdrawal for purposes specified in clause (b) of sub-regulation (1) of Regulation 17 shall exceed the maximum limit prescribed from time to time under the House building advance rules for the grant of advances for house building purposes.

Provided further that the withdrawal admissible under regulation 17 (1), (C) shall not exceed 90% of the amount standing to the credit of the subscriber in the fund.

Provided further that in the case of a subscriber who has availed himself of an advance under the rules for the grant of advances for house building purpose, or has been allowed any asisistance in this regard from any other Government source, the sum withdrawn under this clause, together with the amount of advance taken under the aforesaid schemes or the assistance taken from any other Government source shall not exceed the maximum limit prescribed from time to time under the said rules.

NOTE (1):       A withdrawal sanctioned to a subscriber under sub-clause (a) of clause (A) of sub-regulation (1) of Regulation, 17 may be drawan in instalments, the number of which shall not exceed four in a period of 12 calender months counted from the date of sanction.

NOTE (2):       A subscriber shall be permitted to make a withdrawal once in every six months under sub-clause (a) of clause (A) of sub-regulation (1) of Regulation 17.  Every such withdrawal shall be treated as a withdrawal for a separate purpose for the purposes of sub-regulation (1) of Regulation 18.

NOTE (3):       In cases where a subscriber has to pay in instalments for a site or a house or flat purchased, or a house or flat constructed though the VUDA or a state housing Board or a housing building co-operative society, he shall be permitted to make a withdrawal as and when he is called upon to make a payment in any instalment.  Every such payment shall be treated as a payment for a separate purpose for the purposes of sub-regulation (1) of regulation 18.

(2)                    A subscriber who has been permitted to withdraw money from the fund under regulation 17 shall satisfy the sanctioning authority within a reasonable period as may be specified by that authority that the money has been utilized for the purpose for which it was withdrawn, and if he fails to do so, the whole of the sum so withdrawn or so much thereof as ha not been applied for the purpose, for which it was withdrawn shall forthwith be repaid in one lumpsum by the subscriber to the fund and in default of such payment, it shall be ordered by the sanctioning authority to be recovered from his emoluments either in a lumpsum or in such number of monthly instalments, as may be determined by the sanctioning authority.

            Provided that, before repayment of a withdrawal is enforced under this sub-regulation, the subscriber shall be given on opportunity to explain in writing and within fifteen days of the receipt of the communication why the repayment shall not be enforced and if the sanctioning authority is not satisfied with the explanation or no explanation is submitted by the subscriber within the said period of fifteen days, the sanctioning authority shall enforce the repayment in the manner prescribed in this sub-regulation.

(3)        (a)        A subscriber who has been permitted under sub-clause (a) sub-clause (b) or sub-clause (c) of clause (B) of sub-regulation (1) of Regulations 17 to withdraw money from the amount standing to his credit in the fund, shall not part with the possession of the house built or acquired or house site purchased with the money so withdrawn whether by way of sale, mortgage (other than mortgage to the sanctioning authority), gift, exchange or otherwise, without the previous permission of the sanctioning authority.

(b)        The subscriber shall submit a declaration not less or than the 31^st day of December of every year as to whether the house or the house site as the case may be continuous to in his possession or has been mortgaged, otherwise transferred or let out as aforesaid and shall, if so, required, produce before the sanctioning authority on or before the date specified by that authority in that behalf, the original sale mortgage or lease deed and also the documents on which his title to the property is based.

(c)        If at any time before his retirement, the subscriber parts with the possession of the house or house-site without obtaining the previous permission of the sanctioning authority he shall forthwith repay the sum so withdrawn by him in lumpsum to the fund, and in default of such repayment, the sanctioning authority shall, after giving the subscriber a reasonable opportunity of making a representation in the matter, cause the said sum to be recovered from the emoluments of the subscriber either in a lumpsum or in such number of monthly instalments, as may be determined by it.

NOTE:             A subscriber who has taken loan from Board in lieu thereof mortgaged the house or house site to the Board shall be required to furnish the declaration to the following effect, viz.

            I do hereby certify that the house or house-site for the construction of which or for the acquisition of which I have be in my possession but stands mortgaged to Board.

19.       CONVERSION OF AN ADVANCE INTO A WITHDRAWAL:

            A subscriber who has already drawn or may draw in future an advance under regulation 14, for any of the purposes specified in sub-regulation 14, for any of the purposes specified in sub-regulation (1) of Regulations 17 may convert, at this discretion by a written request addressed to the Accounts Officer through the sanctioning authority, the balance outstanding against it into a final withdrawal on his satisfying the conditions laid down in Regulations 17 and 18.

NOTE-1:         The Head of Department in the case of Class-III & IV employees and the Accounts Officer concerned in the case of Class-I & II subscribers may be asked by the administrative authority to stop recoveries from the pay bills when the application for such conversion is forwarded to the Accounts Officer by that authority.  In the case of Class-I & II subscribers, the administrative authority shall endorse a copy of the letter forwarding the subscriber’s intimation to the Accounts Officer from where he draws his pay in order to permit stoppage of further recoveries.

NOTE-2:         For the purpose of sub-regulation (1) of Regulation 18, the amount of subscription with interest thereon standing to the credit of the subscriber in the account at the time of conversion plus the outstanding amount of advance shall be taken as the balance.  Each withdrawal shall be treated as a separate one and the same principle shall apply in the event of more than one conversion.

20.       FINAL WITHDRAWAL OF ACCUMULATION IN THE FUND:

            When a subscriber quite the service, the amount standing to his credit in the fund shall become payable to him.

            Provided, that a subscriber, who has been dismissed from the service and is subsequently reinstatated in the service, shall, if required to do so by the sanctioning authority repay any amount paid to him from the fund in pursuance of this regulation, with interest thereon at the rate provided in Regulations 12 in the manner provided in the proviso to Regulations 21.  The amount so repaid shall be credited to his account in the fund.

EXPLANATION (1):  A subscriber, other than one who is appointed on contract or one who has retired from service and is subsequently re-employed, with or without a break in service, shall not be deemed to quit the service, when he is transferred without any break inservice to a new post under any other major port authority (in which he is governed by another set of provident fund rules) and without retaining any connection with his former post.  In such a case, his subscriptions together with interest there on shall be transferred to his account in other fund in accordance with the rules of that fund.  The same shall hold good in case of retrenchment by immediate employment whether under the Board or under any other major port authority. 

NOTE:             Transfers shall include cases of resignations from service in order to take up appointment in another department of the Central Government or under the State Government without any break and with proper permission of the competent authority.  In cases where there has been a break in service it shall be limited to the joining time allowed on transfer to a different station.

            The same shall hold good in cases of retrenchments followed by immediate employment whether under the Board or under any other Major Port Authority.

EXPLANATION (2):  When a subscriber other than one who is appointed on contract or one who has retired from service and is subsequently re-employed, is transferred, without any break, to the service under a body corporate, owned or controlled by Government, the amount of subscriptions, together with interest thereon, shall not be aid to him it shall be transferred with the consent of that body to his new provident fund account under that body.

            Transfers shall include cases of resignation from service in order to take up appointment under a body corporate owned or controlled by Government without any break and with proper permission of the competent authority.  The time taken to join the new post shall not be treated as a break in service if it does not exceed the joining time admissible to an employee on transfer from one post to another.

            Provided that the amount of subscription together with interest thereon, of a subscriber opting for service under a public enterprise may, if he so desires, be transferred to his new provident fund account under the enterprises if the concerned enterprise also agrees to such a transfer.  If, however, the subscriber does not desire the transfer or the concerned enterprise does not operate a provident fund, the amount aforesaid shall be refunded to the subscriber.

21.       RETIREMENT OF SUBSCRIBER:     When a subscriber while on leave, has been permitted to retire or been declared by a competent medical authority to be unfit for further service, the amount standing to his credit in the fund shall, become payable to him;

            Provided that the subscriber, if he returns to duty, shall, except where the Board decides otherwise, repay to the fund, for credit to his account, the amount paid to him from the fund in pursuance of this regulation with interest thereon at the rate provided in Regulation 12 in cash or securities or partly in cash and partly in securities, by instalments or otherwise, by recovery from his emoluments or otherwise, as may be directed by the authority competent to sanction an advance for the grant of which special reasons are required under sub-regulation (3) of Regulation 14.

22.       PROCEDURE ON DEATH OF A SUBSCRIBER:

            On the death of a subscriber before the amount standing to his credit has become payable, or where the amount has become payable, before payment has been made;

            i)          When the subscriber leaves a family -

a)         If a nomination made by the subscriber in accordance with the provisions of Regulation 6 in favour of a member or members of his family subsists, the amount standing to his credit in the fund or the part thereof to which the nomination relates shall become payable to his nominee or nominees in the proportion specified in the nomination;

b)         If no such nomination in favour of a member or members of the family, of the subscriber / subsists, or if such nomination relates only to part of the amount standing to his credit in the fund, the whole amount or the part thereof to which the nomination does not relates, as the case may be, shall, not withstanding any nomination purporting to be in favour of any person or persons other than a member or members of his family, become payable to the members of his family in equal shares;

Provided that no share shall be payable to –

1)         Sons who have attained majority;

2)         Sons of a deceased son who have attained majority;

3)         Married daughters whose husbands are alive;

4)         Married daughters of a deceased so whose husband are alive.

If there is any member of the family other than whose specified in clauses (1), (2), (3), (4).

            Provided further that the widow or widows and the child or children of a deceased son shall receive between them in equal parts only the share which that son would have receive if he had survived the subscriber and had been exempted from the provisions of clauses (1) of the first proviso.

(ii)        When the subscriber leaves no family, if a nomination made by him in accordance with the provisions of regulation 6 in favour of any person or persons subsists the amount standing to his credit in the fund or the part thereof to which the nomination relates, shall become payable to his nominee or nominees in the proportion specified in the nomination.

23.       MANNER OF PAYMENT OF AMOUNTS IN THE FUND:            (1) When the amount standing to the credit of a subscriber in the fund becomes payable, it shall be the duty of the Accounts Officer to make payment as provided in sub-regulation (3).

(2)        If a person to whom, under these Regulations, any amount or policy, is to be paid, assigned or re-assigned or delivered, is a lunatic for whose Estate Manager has been appointed in this behalf under the Indian Lunacy Act, 1912, the payment or re-assignment or delivery shall be made to such Manager and not to the lunatic.

            Provided that where no Manager has been appointed and the person to whom the sum of payable is certified by a Megistrate to be a lunatic, the payment shall under the orders of the Collector be made in terms of sub-section (1) of Section 95 of the Indian Lunacy Act, 1912 to the persons having charge of such lunatic and the Accounts Officer shall pay only the amount which he thinks fit to the person having charge of the lunatic and the surplus, if any, or such part thereof, as he thinks fit, shall be paid for the maintenance of such members of the lunatic’s family as are dependents on him for maintenance.

(3)        Payments of the amount withdrawn shall be made in India only.  The persons to whom the amounts are payable shall make their own arrangements to receive payment in India.  The following procedure shall be adopted for claiming payment by a subscriber, namely:-

i)          Head of Department shall forward the application to the Accounts Officer indicating the recoveries effected against the advance which are still current and the number of instalments yet to be recovered and also indicate the withdrawals, if any, taken by the subscriber after the period covered by the last instalment of the subscriber’s account sent by the Accounts Officer.

(ii)        The Accounts Officer shall, after verification with the ledger account, issue an authority for the amount payable if the subscriber at least a month before the date of superannuation but payable on the date of superannuation.

(iii)       The authority mentioned in Clause (iii) will constitute the first instalment of payment.  A second authority for payment.  A second authority for payment will be issued as soon as possible after superannuation.  This will relate to the contribution made by the subscriber subsequent to the amount mentioned in the details forwarded by the Heads of Deptt. Under (ii) plus the refund of instalments against advances which were current at the time of the submission of details by the Heads of Department.

(iv)       After forwarding, the details referred of clause-II for final payment to the Accounts Officer, advance/withdrawal may be sanctioned but the amount of advance / withdrawal shall be drawn on an authorization from the Accounts Officer concerned who shall arrange this as soon as the formal sanction of sanctioning authority s received by him.

NOTE:             When the amount standing to the credit of a subscriber has become payable under Regulation 20, 21 or 22 the Accounts Officer shall authorise prompt payment of the amount in the manner indicated in sub-Regulation (3).

24.       PROCEDURE ON TRANSFER OF AN EMPLOYEE FROM ONE MAJOR PORT TO ANOTHER:

(a)        If an employee who is a subscriber to the fund is permanently transferred to pensionable service in any other Major Port in which he is governed by similar Regulations, the amount of subscription, together with interest thereon standing to his credit in the Fund on the date of transfer shall be transferred to his credit in the fund of such major port:

            Provided that where the rules so require, the consent of the Major Port authority concerned shall be obtained.

(b)        If an employee who is a subscriber to the State Railways provident fund or any other contributory provident fund of the Central Government or a state contributory provident fund is permanently transferred to pensionable service in a department of Major Port in which he is governed by these Regulations and unless such a subscriber elects to continue to be governed by the rules of such fund, when such an option is given--

(i)         The amount of subscriptions with interest thereon standing, to his credit in such contributory provident fund on the date of transfer shall with the consent of the concerned authority, if any, be transferred to his credit in the fund;

(ii)        The amount of contributions, with interest thereon, standing to his credit in such contributory fund shall, with the consent of the concerned authority, if any, be credited to the credit of that fund.

(iii)       He shall thereupon be entitled to count towards pension, service rendered prior to the date of permanent transfer to the extent permissible under the relevant pension regulations.

NOTE-1          The provisions of this regulation do not supply to a subscriber who has retired from service and is subsequently re-employed with or without a break inservice, or to a subscriber who was holding the former appointment on contract.

NOTE-2          The provisions of this Regulation shall, however, apply to persons who are appointed without break whether temporarily or permanently to a post carrying the benefits of these regulations after resignation or retrenchment from service under another major port.

25.                   PROCEDURE ON TRANSFER TO Board SERVICE OF A PERSON FROM THE SERVICE UNDER A BODY CORPORATE OWNED OR COTNROLLED BY GOVERNMENT:

If an employee admitted to the benefit of the fund was previously a subscriber to any provident fund of a body corporate owned or controlled by Government, the amount of his subscriptions and the employer’s contribution, if any, together with the interest thereon shall be transferred to the credit in the fund with the consent of that body.

26.       TRANSFER OF AMOUNT TO CONTRIBUTORY PROVIDENT FUND (INDIA)

            If a subscriber to the fund is subsequently admitted to the benefits of a contributory provident fund under the Board, the amount of his subscriptions in the fund, together with interest thereon, shall be transferred to the credit of his account in the contributory provident fund (India).

NOTE:             The provisions of this regulation shall not apply to a subscriber who is appointed on contract or who has retired from service and is subsequently re-employed with or without a break in service in another post carrying contributory provident fund benefits.

27.       RELAXATION OF THE PROVISIONS AND REGULATIONS IN INDIVIDUAL CASES:

When the Board is satisfied that the operation of any of these Regulation causes or is likely to cause undue hardship to a subscriber, the Board may, not withstanding anything contained in these Regulations, deal with the case of such subscriber in such manner as any appear to it to be just and equitable.

28.       NUMBER OF ACCOUNT TO BE QUOTE AT THE TIME OF PAYMENT OF SUBSCRIPTIONS:

When paying a subscription in India, either by deduction from emoluments or in cash, a subscriber should quote the number of his account in the fund which shall be communicated to him by the Accounts Officer.  Any change in the number shall similarly be communicated to the subscriber by the Accounts Officer.

29.       ANNUAL STATEMENT OF ACCOUNTS TO BE SUPPLIED TO SUBSCRIBER:

(1)        As soon as possible after the close of each year, the Accounts Officer, shall send to each subscriber a statement of his account in the fund showing the opening balance as on the 1^st April of the year, the total amount credited or debited during the year, the total amount of interest credited as on the 31^st March of the year and the closing balance on that date.  The Accounts Officer shall attach to the statement of account an enquiry whether the subscriber --

(a)                Desires to make any alteration in any nomination made under Regulation-6;

(b)               Has acquired a family in cases where the subscriber has made no nomination in favour of a member of his family under Regulation.

(2)        Subscribers shall satisfy themselves as to the correctness of the annual statement and errors should be brought to the notice of a the Accounts Officer within three months from the date of receipt of the statement.

(3)        The Accounts officer shall, if required by a subscriber once but not more than once, in a year inform the subscriber of the total amount standing in his credit in the Fund at the end of the last month for which his account has been written up.

30.       CENTRAL GOVERNEMNT RUELS TO BE FOLLOWED IN THE APPLICATION OF THESE REGULATIONS:

            In applying these Regulations and in respect of matters not dealt with the Regulations, the provision contained in GPF (Central Services) Rules 1960 and the orders / instructions etc., of the Central Government issued there under from time to time, shall be followed in so far as they are not inconsistent with the provision of these Regulations, subject to such exceptions and modifications as the board may from time to time determine.

31.       REPEAL:         The Visakhapatnam Port Employees (GPF) Regulations 1964 are hereby repealed.

32.       INTERPRETATION:   Regulation: If any question arises to the interpretation of these regulations the same will be decided by the Board.