( 1) An employee subscribing r to the Fund (hereinafter called the subscriber) shall, at the time of joining the Fund, send to the Director a nomination in · Form-II or Form II-A conferring on '. one or more persons, the right to receive the amount, that may stand to his credit in .· the Fund, in . the event c1f his death, before that amount has become payable · or having become payable has not been paid . .
. Provided that if. at the time of mc:1king the nomination, the subscdber h,':1.s a · family, the nominaiton shall ,not be :ln favour of any persl)n or persons other than the · member · or membe1·s of his family;
(2) If a subscribe1:, nominates inore than one person .under sub-rule ( J.), he shall specify in the nomination the amount en: share payable to each of the nominees in such m ::i.nner as to cover the whole of the amount that · may stand to his credit in the Fund at any time. ·
(3) Every nomination shall be made in Form-II or Form II ""'.A • ( 4) A subscriber may at any nomination by sendinq, · a notice in Director:
time, cancel a writing to the
Provided that - the subscriber shall alongwith such notice, send · •:1 fresh nomination made in accordance with the. provisions cf sub-rule ( 1) to ( 3).