Rule 23 - Conversion from one denomination to the other - Social Security Certificates Rules, 1982

Conversion from one denomination to the other. 23. (1) On an application being made in this behalf by the holder, certificates of lower denomination may be exchanged for a certificate or certificates of higher denomination of the same aggregate face value or a certificate of higher denomination may be exchanged for certificates of lower denomination of the same aggregate face value: Provided that certificates bearing different dates shall not be combined for being exchanged for certificate or certificates of higher denomination. (2) The date of the certificate or certificates issued in exchange shall be the same as that of the original certificate or certificates surrendered and not the date on which the exchange in made.