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State of Madhya Pradesh - Section

Section 10 in The M.P. Madhyamik Shiksha Niyam, 1966

10. Investment of subscription in Post Office Certificates etc.

(1)Investment in the Post Office Cash Certificates or in Government Securities through the Post Office of the amount to the credit of a subscriber in his Provident Fund is also permissible if the subscriber so desires, on the conditions that no security of the face value of less than Rs. 100 is purchased at one time and that the securities are kept in the custody of the Accountant General, Post and Telegraphs and the custody receipt is kept with the Secretary.
(2)The Post Office Cash Certificates if purchased, shall remain in the custody of the Secretary.