Para 16 - Nomination - Sovereign Gold Bond Scheme 2021-22 (starting from Series VII)

16. Nomination.- (i) Nomination of and its cancellation shall be made in Form D and Form E , respectively, in accordance with the provisions of the Government Securities Act, 2006 (38 of 2006) and the Government Securities Regulations, 2007, published in part III, Section 4 of the Gazette of India dated the 1st December 2007. (ii) An individual Non-Resident Indian may get the security transferred in his name on account of his being a nominee of a deceased investor; Provided that the Non-Resident investor shall need to hold the security till early redemption or till maturity; Provided further that the interest and maturity proceeds of the investment shall not be repatriable.