Section 7 — Date of Issue

The Bonds will be issued, in demat form and credited to the Bond Ledger Account (BLA) of the investor/s on the date of tender of cash or the date ofrealization of draft/cheque.


Application
9.[(i) Applications for the Bonds, either in physical form or electronic form, may be made in the Revised Form A attached hereto, as Annexure 2, or in anyother form as near as thereto stating clearly the amount, name and full address of the applicant/s.]
(ii) Applications should be accompanied by the necessary payment in the form of cash/drafts/cheques/electronic credit as indicated in paragraph 6 above.
[(iii) Applications who have obtained exemption from Income Tax under the relevant provisions of the Income Tax Act, 1961, shall make a declaration to thateffect in the application (in Revised Form A) and submit a true copy of the certificate obtained from Income Tax Authorities.]
2. Sub-clause (i) substituted by Notification No.SO 101(E) [F.No.4(28)-W&M/2017], dated 8-1-2018. Prior to its substitution, said sub-clause read as under:
"(i) Applications for the Bonds, either in physical form or electronic form, may be made in the Form A attached hereto, as Annexure 2, or in any otherform as near as thereto stating clearly the amount, name and full address of the applicant/s."
3. Sub-clause (iii) substituted by Notification No. SO 101(E) [F.No.4(28)-W&M/2017], dated 8-1-2018. Prior to its substitution, said sub-clause read asunder :
"(iii) Applications who have obtained exemption from Income Tax under the relevant provisions of the Income Tax Act, 1961, shall make a declarationto that effect in the application (in Form A) and submit a true copy of the certificate obtained from Income Tax Authorities."