Section 2(4a) in Public Debt (Annuity Certificates) Rules, 1954
(4a)[ "commutation value" means such amount payable in one sum in respect of an annuity certificate on its surrender(and in lieu of the outstanding annuities payable thereon after the date of surrender) as the Government may specify;] [Inserted by G.S.R. 1257, dated 29.9.1962]
