MINISTRY OF FINANCE
(Department of Economic Affairs)
New Delhi, the 20th November, 2016
S.O. 3490(E).—In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government hereby further amends the notification of the Government of India, in the Ministry of Finance, Department of Economic Affairs number S.O. 3408(E) dated the 8th November, 2016 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) dated the 8th November, 2016, namely:—
1. In the said notification, in paragraph 1, after clause (q), the following clause shall be inserted, namely:—
“(r) for making payments towards purchase of seeds from the centres, units or outlets belonging to the Central or State Governments, Public Sector Undertakings, National or State Seeds Corporations, Central or State Agricultural Universities and the Indian Council of Agricultural Research, on production of proof of identity:
Provided that for the purposes of this clause, specified bank notes shall mean bank notes of the denominational value of five hundred rupees.”.
[F. No. 10/03/2016-Cy. I]
Dr. SAURABH GARG, Jt. Secy.
Note : The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide notification number S.O. 3408(E) dated the 8th November, 2016 and subsequently amended vide notification numbers S.O. 3416(E) dated the 9th November, 2016, S.O.3429(E) dated the 10th November, 2016, S.O. 3445(E) dated the 11th November, 2016, S.O. 3447(E) dated the 13th November, 2016, S.O. 3448(E) dated the 14th November, 2016, S.O. 3480(E) dated the 17th November, 2016 and S.O. 3489(E) dated the 18th November, 2016.
Please refer to the attached file for details