Standing Order No. 4492/2017 of the Finance Department, Government of Gujarat dated 2nd June, 2017 on the holding of Government bonds [C1P-MMZ]
As at 7 September 2026. In force. No commencement recorded.
Standing Order No. 4492/2017
GOVERNMENT OF GUJARAT
Finance Department, Government of Gujarat
Gandhinagar, dated the 2nd June, 2017
STANDING ORDER
To
All Budget Officers,
Subject: The holding of Government bonds by holders of a Government bond under the Gujarat Infrastructure Development Act, 1999, regarding.
In exercise of the powers conferred by section 9 of the Gujarat Infrastructure Development Act, 1999 (Gujarat Act 11 of 1999), the Finance Department, Government of Gujarat hereby issues the following Standing Order for the guidance of all officers subordinate to it:
1. References have been received seeking clarification on the manner in which section 9 applies to the holding of Government bonds by holders of a Government bond.
2. The matter has been examined. Every holder of a Government bond carrying on the holding of Government bonds shall make an application in Form GFR 12-C to the Comptroller and Auditor-General within ninety days, accompanied by a fee of ten thousand rupees.
3. The Budget Officer shall ensure that grant is dealt with as directed above, and shall report compliance to the Comptroller and Auditor-General within ninety days.
4. Difficulties, if any, in the implementation of this standing order may be brought to the notice of the Finance Department, Government of Gujarat.
(Secretary to Government)
Made under
Recital: "In exercise of the powers conferred by section 9 of the Gujarat Infrastructure Development Act, 1999 (Gujarat Act 11 of 1999), the Finance Department, Government of Gujarat hereby issues the following Standing Order for the guidance of all officers subordinate to it:". Names section 9 of the Gujarat Infrastructure Development Act, 1999 (Gujarat Act 11 of 1999) [S2K-9RF]. Vires verified.
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