IREC Rule No.929: Remittance Of Difference Of The Compulsory Subscription

929.  Remittance Of Difference Of The Compulsory Subscription:-

(1)   If the total amount of any payments substituted under sub-rule (a) of Rule 927 is less than the amount of the compulsory subscription payable, to the fund, the difference shall be paid by the subscriber as subscription to the fund.

(2)   If the subscriber withdraws any amount standing to his credit in the fund for any of the purposes specified in sub-rule (b) of Rule 927, he shall, subject to his option under sub-rule (a) of that rule, continue to pay to the fund the subscription payable under the rules of the Fund.

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