At a Court of Directors of the East India Company,
14th January, 1824.

The Court having had under their consideration the regulations established for transacting the business of the Military Fund; resolved, That the following regulations be now established, and that, for the future, the paymaster do govern himself thereby in conducting the business of the fund.

1. That every petitioning officer and soldier shall produce a certificate from his commanding officer of his being an invalid, and rendered incapable of further service in India, together with an approbation of such certificate by the Governor and Council of the Presidency where such officer or soldier shall have served.

2. That every commissioned officer shall previously make oath before the Governor and Council, viz. a colonel, that he, or any person in trust for him, is not possessed of or entitled to real and personal estate to the value of 4,000l.; a lieutenant-colonel, of 3,000l.; a major, of 2,500l.; a captain, of 2,000l.; a lieutenant, of 1,000l.; and an ensign, of 750l.; and shall furnish a declaration, acknowledging themselves to be acquainted with the resolution of the Court of Directors, which precludes all officers who are admitted pensioners on the military fund from returning again to the service.

3. That all commissioned officers and widows of commissioned officers, admitted on the Fund, shall receive pensions at the rates of infantry pay, according to the respective ranks of the parties.

4. That all non-commissioned officers and privates shall be paid according to the rates allowed by resolution of court of the 14th April, 1819.

5. That all officers shall be entitled from the periods up to which they may have been paid in India, or from the date of their pay on furlough ceasing; and all non-commissioned officers and privates, from the times of their respective debarkations in England.

6. That commissioned officers and their widows shall be paid their pensions in arrears, and shall receive them at the Company's office in London only, either in person or by power of attorney, half-yearly, at Midsummer and at Christmas.

7. That non-commissioned officers and private men shall, immediately upon admission, be paid in advance, for the remaining number of days of the current half year; and at the expiration thereof, every succeeding half year in advance.

8. That non-commissioned officers and private men residing within twenty-five miles of London, shall be paid at the Company's office in London, and not otherwise.