Saturday, March 7, 2015

VPP value exceeds Rs1500/- instead of Rs.500/- compulsory to be INSURED: Amendment of rules.

MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY (Department of Posts) NOTIFICATION New Delhi, the 4th February, 2015 G.S.R.73(E).—In exercise of the powers conferred by clause (b) of Sub-section ( 2) of Section 32 read with Section 74 of the Indian Post Office Act, 1898 (6 of 1898), the Central Government hereby makes the following rules further to amend the Indian Post Office Rules, 1933, namely:— 1. (1) These rules may be called the Indian Post Office (First Amendment) Rules, 2015. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Indian Post Office Rules, 1933, in Rule 72, for Sub-Rule (2), the following Sub-rule shall be substituted, namely:— “(2) Notwithstanding anything contained in Sub-Rule (1), the insurance of all value payable articles on which the amount specified for recovery exceeds Rs. 1500 other than excepted articles, shall be compulsory for atleast the amount specified for recovery from the addressee.” [F. No. 7-6/2013-PO] ABHINAV WALIA, Dy. Director General (WS&MR & PO) Note: The principal rules as amended up

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