Commutation Rule No.30: Modification In The Value Specified In The Table

30.   Modification In The Value Specified In The Table:-

(1)   In case the value specified in the Table is modified at any time before the commutation becomes absolute in terms of clause (ii) of sub-rule (1) of rule 7, the payment shall be made in accordance with the value so modified.

(2)      Where the commuted value calculated with reference to the Table as modified, is less favourable than the value determined with reference to the Table before it was so modified the Accounts Officer shall- (a) inform the applicant of the revised value and communicate to him the provisions of sub-rule (5) of rule 29, and (b) endorsed to the Head of Office a copy of the communication issued under clause (a).