.Provided that deposits by depositors under sub-rule (ii) of rule 2, shall be restricted to the retirement benefits received by them or rupees fifteen lakh, whichever is lower.
Expllanation:- For the purposes of this sub-rule, "retirement beneflts" means any payment due to the depositor cn account of retirement whether on superannuation or otherwise and includes Provident Fund dues, retirement/superannuation gratuity, commuted value of pension, cash eguivalent of leave, savings element of Group Savings linked Insurance Scheme payable by employer to the employee on retirement, retirement-cum-withdrawal benefit under the Employees' Family Pension Scheme and ex-gratia payments under a volunhry retlrement or a special voluntary retirement scheme,'.
4. In rule 7 of tlre said rules, in sub-rule (4), 'for the words "limit of deposits" the words "limit of balance" shall be subst,tuted.