REGD NO. D. L.-33004/99 The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (i)
PUBLISHED BY AUTHORITY
No. 435] NEW DELHI,THURSDAY,SEPTEMBER!9,2002/BHADRA28,1924
2942 GI 2002
(1) 2
_ _ T HE G A Z F T TE OF I N D IA • F . X T R A O R D I N A RY
[ P A ST I I —S E P. 3 ( i )J
MINISTRY OF SHIPPING
(Port Wing)
NOTIFICATION
New Delhi, the 19th September. 2002
G.S.R 658 (E).—In exercise of the powers conferred by Sub-section (i) of Section 124, read with Sub-section (i) of Section 132 oCihe Major Port Trust Act. 1963 (38 of 1963). the Central Government hereby approves the Madras Port .1 Tmsi Employees (Grant oi' Conveyance Advance) Amendment Regulation. 2000 mode by the Board of Trustees of Port o! liie Madras ^ set out in the schedule annc\ed to lius Not ill cation.
2 The said regulations shall come in force on the date of publicaiion ot 1 his Notification in the Office Gazette.
SCHEDULE
MADRAS PORT TRUST EMPLOYEES
(GRANT OF CONVEYANCE ADVANCE) (AMENDMENT) REGULATIONS. 2002.
Tn exercise of the powers conferred under section 2K of t-he Major Port Trusts Act. 1963 (38 of 1963). the Port Trust Board hereby makes the following Amendment Regulations:
1 Short Title:
These Regulations may be called t he Madras Port Trust employees' (Grant of Conveyance Advance) (Amendment) Regulations. 2002.
2 The anicndmem Regulations shall come into force from the date of publication in the Official Gazette.
3. In the Madras Port Trust Employees' (Grant of Conveyance Advance) Regulations, 1994 the following amendments shall be made:-
I1) Sub-Regulation (1) of Regulation 4 of the aforesaid Regulations shall be substituted as under:
. 4. (1) Motor Car Advance:—
(1) All the Trust"s Officers whose Basic Pay is Rs. 10.500 per month and above arc eligible for the grant of Motor Car Advance for the purchase of Motor Car
(II) The quantum or advance for the purchase of new Motor Car on the first occasion is 20 months' basic pay subject to a maximum of Rs 2.5 lakhs or 80% of the cost of new car whichever JS lower,
(iii) The quantum of advance for the purchase of new Motor Car on the second and /or subsequent occasions is Rs. 1.60.000 or 11 months basic pay or the anticipated cost of the new Motor Car to be purchased whichever is the least.
(iv) In the case of purchase of second hand Motor Car on the first occasion, the quantum of advance admissible is 20 months basic pay subject to a maximum of Rs. 1 80 lakhs or actual cost of the car to be certified by the notified assessor, whichever is lower.
(v) In the case of purchase of second hand/old Motor car on the second and subsequent occasions, the quantum of advance admissible is 20 months basic pay subject to a maximum of Rs. 80.000 or the actual cost of the car to be certified by the notified assessor, whichever is lower.
(vi) The advance granted for the purchase of Motor Car in all cases shall be recoverable in not exceeding 200 equal monthly instalments commencing with the first issue of pay after the advance is drawn.
(2) The sub-Regulation (2) of Regulation 4 of the aforesaid Regulations shall be substituted as under:
4. (2) Motor Cyclc/Scooter/Moped Advance :
. (1) All employees of the Trust whose Basic Pay is Rs. 4600 per month or more are eligible for the grant of advances for the purchase of Motor Cycle/Scooter/Moped.
(ii) The quantum of advance for the purchase of new Motor Cycle/ Scooter/Moped on the first occasion is 8 months" basic pay subject to a maximum of Rs. 30.000 or 80% of the actual cost of the new Motor Cycle/ Scooter/Moped, whichever is lower.
(III) The quantum ofadvance for the purchase of new Motor Cycle/ Scooter/Moped on the second or subsequent occasion is Rs. 24.000 or 5 months basic pa> or anticipated cost of the new Motor Cycle/ Scooter/Moped to be purchased whichever is the least.
(iv) The advance granted under Regulation 4(2) (ii) and (iii) shall be recoverable in not more than 70 equal instalments coum iciicing from the first issue of pay after the drawal of advance 4. THE GAZETTE OF INDIA : EXTRAORDINARY [PART 11—SEC. 3(0] (\) In Uie case of purchase of second-hand Motor Cycle/Scooter/Moped, the quantum of advance admissible is Rs. 10.000 or the actual price of the vehicle whichever is the least and the amount so granted is recoverable in 60 equal monthly Instalments conimcr.cing from the first issue of pay after the diaw.il of advance.
(."!) The sub-Regulation (2) of Regulation 5 of the aforesaid Regulations shall he substituted as under :
5. (2) The quantum of advance for the purchase of a brand new bicycle is Rs. 1500 which is recoverable in 25 equal monthly instalments commencing from the first issue of pay after receipt of advance.
(4) The following shall be included as sub-Regulation (5) under Regulation 7 of the aforesaid Regulations:
SuD-Kegulation (5; of Regulation 7.
All other conditions in the matter of grant of the above conveyance advances namely entitlement, eligibility, monthly instalments of recovery and interest on advance will be governed by the existing orders or orders issued from time to time.
Footnote:—Madras Port Trust Employees' (Grant of Conveyance Advance) Regulations. 1994 approved by Central Government and published in the Gazette of India vide MOST's Notification No. GSR 57(E) dated the 2nd February. 1994 and subsequently amended vide MOST's Notification No. G.S.R. 13(E) dated 9-1-96.
LF.No. PR-12016/6/2002-PE-l]
R K. JAIN, Joint Secy.
Printed hy lha Manager, Govt, of Indin Press, Ring Riwd, Mayapuri. New DdJii-110064
nnd Publish*] by Hie Controller of Publications. Delhi-] 1003-1—21)02.