Section 45 TIPOA (The Indian Post Office Act, 1898): Power to provide for the issue of postal orders .- [(1)] The Central Government may authorise the issue, in such form as may be suitable, of money orders, to be called postal orders or by such other designation as may be deemed appropriate, for certain fixed amounts, and may make rules as to the rates of commission to be charged thereon and the manner in which, and conditions subject to which, may be issued paid and cancelled: | Law on Tips | Law on Tips
Power to provide for the issue of postal orders .- [(1)] The Central Government may authorise the issue, in such form as may be suitable, of money orders, to be called postal orders or by such other designation as may be deemed appropriate, for certain fixed amounts, and may make rules as to the rates of commission to be charged thereon and the manner in which, and conditions subject to which, may be issued paid and cancelled:
[* * *] [ Proviso omitted by Act 34 of 1970, Section 2.]
(2)
[ The Central Government may also make rules prescribing the maximum limit of amount up to which postal orders may be issued from time to time.] [ Inserted by Act 34 of 1970, Section 2.]
Power for remitter to recall money order or alter name of payee .-(1) Subject to such conditions as the Central Government may, by rules made under section 43, prescribe in respect of the levy of additional rates of commission or fees or any other matters, a person remitting money through the Post Office by means of a money order may require that the amount of the order, if not paid to the payee, be repaid to him, or be paid to such person other than the original payee as he may direct