Amendment status not verified — confirm the current text below against the official source.
(1) An employee shall make a nomination in duplicate in the Form appended as Annexure II to this scheme conferring on one or more person the right to receive any pension which, having become admissible to him under this scheme, has not been paid to him before his death: Provided that if at the time of making nomination, the employee has a family, the nomination shall not be in favour of any person or persons, other than a member or members of his family. (2) If any employee nominates more than one person, he shall specify in. the nomination the amount or share payable to each person in such manner as to cover the whole amount. He may also provide in the nomination that, in respect of any specified nominee, in the events of his pre-deceasing the employee, the right: conferred upon that nominee shall pass on to such other member of the employee's family as may be specified in the nomination and that the nomination shall become invalid in the event of the happening of a contingency specified therein. (3) The employee may at any time, cancel a nomination by notice to writing addressed to the Chief Executive of the Society, together with a revised nomination in duplicate and a certificate stating "This nomination supersedes the nomination made by me earlier on.......... (date)". (4) Immediately on receipt of a nomination or a revised nomination, the Chief Executive of the society shall countersign it indicating the date of its receipt and forward one copy of the same to the Board and keep the other copy in his safe custody.