Sukanya Samriddhi Account (SSA) Rules, 2016: Gezzette Notification
The Gezzette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (i)
PUBLISHED BY AUTHORITY
No. 181] NEW DELHI, FRIDAY, MARCH 18, 2016/ PHALGUNA 28, 1937
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 18th March, 2016
G.S.R.323(E).- In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), and in supersession of the Sukanya Samridhi Account Rules, 2014 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 3rd December, 2014 vide notification of the Government of India in the Ministry of Finance, Department of Economic Affairs number G.S.R. 863(E), dated the 2nd December, 2014, except as respects things done or omitted to be done before such supersession, the Central Government hereby
1.Short title and Commencement.-
(1) These rules may be called the Sukanya Samriddhi Account Rules, 2016.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. Definitions.-
In these rules, unless the context otherwise requires,-
(a) “Account” means the Sukanya Samriddhi Account opened in accordance with the provisions of these
(b) “Account holder” means a person in whose name the Account is held;
(c) “Act” means the Government Savings Banks Act, 1873 (5 of 1873);
(d) “Bank” means any branch of a public sector or private sector commercial bank authorized by the