REGD. NO. D. L.-33004/99

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (i)

PUBLISHED BY AUTHORITY

No. 626]

NEW DELHI, THURSDAY, DECEMBER 20, 2001/AGRAHAYAN A 29, 1923

3879 GI/2001

(1)

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THE GAZETTE OF INDIA; EXTRAORDINARY

[PART II—SEC. 3 (1) j

MINISTRY OF SHIPPING

(Ports Wing)

NOTIFICATION

New Delhi, Ihe 19th December, 2001

G. S. R. 904(E).—In exercise of the powers conferred by Sub-section (i) of Section 124, read with Sub-section

(i) of Section 132 of the Major Ports Trusts Act, 1963 (38 of 1963), the Central Government hereby approves the

Visakhapatnam Port Trust Employees (Grant of Advances for Purchase of Conveyances) Amendment Regulations, 2001

made by the Board of Trustees of Port of Visakhapatnam Port Trust as set out in the Schedule annexed to this

Notification.

[No. PR-12016/61/2000-PE-ll

R. K. JAIN, Jt. Secy.

VISAKHAPATNAM PORTEMPLOYEES (GRANT OF ADVANCES FOR PURCHASE OF CONVEYANCES)

AMENDMENT REGULATIONS, 2001.

SCHEDULE

In exercise of the powers conferred by Section 28 of the MPT Act, 1963 (Act of 38 of 1963) the Board of

Trustees of the Port of Viaskhapatnam hereby makes, the following regulations further to amend the Visakhapatnam Port

Employees (Grant of Advances, for Purchase of Conveyances) Regulations 1993 subject to the approval of the Central

Government under section 124 of the said Act,

(1) SHORT TITLE AND COMMENCEMENT:

(a) These regulations may be called the Visakhapatnam Port Employees (Grant of Advances for purchase of

conveyance) Amendment Regulations, 2001.

(b) The said amendment regulations shall be effective from

10-1-20O0 for Class-J & II Officers and

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from 1 -1 -1998 for Class-Ill & IV employees due to pay revision/ wasgc revision agreement.

Explanation :— It is stated that no one is likely to be affected adversely as a result of rctropective effect given

thereto.

2. REGULATION NOS. MAY BE SUBSTITUTED WITH THE FOLLOWING:

''Amount of Advance Motor Car. The total amount of advance which may be granted to an employee for

the purchase of new car for the first occasion shall not exeed two lakhs and fifty thousands rupees for

twenty months basic pay or 80 % of the cost of new car, whichever is lower."

3. Clasuse (a) of Regulation 8, may be substituted with the following:

"20 (Twenty) months basic pay subject to a maximum of Rs. 1.80 laksh or the actual Cost of the car to be

certified by the notified assessor, whichever is lower."

4. Para I of sub-Regulation 2 of Regulation 9, the figures Rs. 20.000/-may be substituted with Rs. 30,000/-

5. Para 2 of sub-Regulation 2 of Regulation 9, the figures Rs. 20 .(K)0/-may be substituted with Rs. 30,000/-

6 clause of sub-Regulation 1, of regulation 23, the figures Rs.700/- may be substituted with Rs. 1500/-

7. In Sub-Clause (b) below (c) of regulation 2, the figures Rs. 7,500/- maybe substituted withRs. 15,100/-

8. In Sub-Clause (2) of regulation 6, the figure Rs 7,500/- may be substituted with Rs. 15,100/-

FOOT NOTE.—The Principal regulation of the VPE (Grant of advances for purchase of conveyances) Regulations 1993

vide their notification No.PR-12015/14/91/PEI,dt. 3-1-1994 and G S R I (E)dt. 3-1-1994 and subsequently

amended vide notification as G.S.R. 280 (E), dl. 27-5-1997.

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