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REGISTERED No. D.(D).72

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No 260] NEW DELHI, SATURDAY, JUNE 25, 1977 /ASADHA 4,1899

Separate paging is given to this Part in order that it may be filed

as a separate compilation

DEPARTMENT OF REVENUE AND BANKING

(Banking Wins)

NOTIFICATION

RULES

New Delhi, the 25th June 1977

S O 415(E) —In exercise of the powers conferred by Sub-Section (1) and clause (a) of sub-section (2) of section 31 of the Banking Service Commission Act, 1875 (42 of 1975), the Central Government hereby makes the following rules, namely —

1 Short title —These rules shall be called the Banking Service Commission (Terms and Conditions of Service of Chairman) Rules, 1977.

2 Definitions.—In these rules "Act" means Banking Service Commission Act, 1975 (42 of 1975).

3 Pay—The Chairman shall receive a pay of three thousand five hundred rupees per month.

Provided that in the case of an appointment, as Chairman, of a person who has retired from service under the Central Government, State Government, a local body a University a banking company, a public sector bank, the Reserve Bank, an institution wholly or substantially owned by the Reserve Bank, a public financial institution or any other body wholly or substantially owned or con- trolled by the Government and who is in receipt of, or has received or has become entitled to receive, any retirement benefits by way of pension, gratuity contri- butory provident fund or otherwise, the pay specified in this rule shall be reduced

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2 1 34 T HE G A Z E T TE ⁰F IN D IA EXTRAORDINARY PART li—SEC. 3(uj %

by the gross amount of pension (including any portion of the pension which may have been commuted) and the pension equivalent of other forms of retirement benefits, if any.

4 Retirement from parent service on appointment as Chairman.—The Chair, man who, on the date of his appointment to the Commission, was m the service of the Central Government, a State Government, a local body, a University, a hanking company, a public sector bank. thP Reserve Bank, an institution wholly or substantially owned by the Reserve Bank, a public financial institution or any other body wholly or substantially owned or controlled by the Government, as the case may be, shall be deemed to have retired from such service with effect from the date of hib appointment as Chairman.

5. Dearness Allowance.—The Chairman shall not be eligible for any dearness allowance.

6. City Compensatory Allowance.—The Chairman shall be entitled to draw city compensatory allowance at the rate oi Rs 75/- per month as long as the Central Office of the Commission continues to be in New Delhi, subject to the fulfilment of the condition ior the grant of such allowance in the case of officers of the Central Government.

7. House Bent Allowance.—The Chairman shall be entitled to the reimburse- ment of house rent actually paid by him in excess of 10 per cent of his pay, sub- ject to a maximum of 30 per cent of his pay.

8. Medical Benefits.—The Chairman and his family shall be entitled to medical benefits as available to central government servants under the Central Services (Medical Attendance) Rules, 1944.

9. Ordinary leave.—(1) (a) The Chairman shall be entitled to ordinary leave at the rate of one day for eveiv 11 days of active service fls Chairman

(b) Leave at the credit of Chairman shall lapse on the date on which he vacates his office.

Provided that if. m the requirements of the public service, Chairman is or has been refused leave preparatory to the expiry of his term of office, hp may. lor the hardship caused by such refusal, be granted compensation for leavP so refused, subject to the condition that such compensation shall be granted in respect of not more than one hundred and twenty days of leave refused and the amount of compensation will be at the rates at which he has been drawing his pay at the time of expiry of his term of office.

(2) In addition to the leave mentioned in sub-rule (1), the Chairman shall, on completion of his service, be also entitled to avaij of the leavP which was to his credit on the date on which he relinquished his place of assignment in the Central Government, a State Government, a local body, a University, a banking company, a public sector bank, the Reserve Bank, an institution wholly or substantially owned by the Reserve Bank, a public financial institution or any other body wholly or substantially owned or controlled by Government, subject to the condition that the leave salary for the period m question shall be borne by the respective body.

(3) The maximum leave which may be availed of by the Chairman under sub-rules (1) and (2) together, on completion of his tenure in the Commission, shall not exceed six months

10. Leave on Half Pay— The Chairman shall be entitled to leave on medical certificate or on private affairs ,at thP rate of 20 days in respect of each com- pleted year of service and during the availment of su"h leave, he shall be entitled to leave salary equivalent to his half pay.

Provided that commutted leave on full pay not exceeding half the amount of half pay leave due, may be granted, if the leave is taken on medical certificate and the authority competent to sanction leave has reason to believe that the Chairman will return to duty on its expiry.

11 Provident Fund.—The Chairman shall be entitled to contribute to his pro- vident fund at the rate of 8-1/3 per cent of his pay with equal contribution by the Commission

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12. Gratuity.—For each completed year of service as Chairman, he shall be entitled to a gratuity at the rate of 15 days' pay drawn immediatelv before com- pletion of his service

13 Travelling Allowance.—The Chairman when travelling* on duty shall be entitled m his discretion to travel by au or by the highest class bv rail or by steamer or by road and for each single journey hP shall be entitled to thp reim- bursement of a single fare of the class of accommodation, actually used but not exceeding the fare of the class to which hp is entitled as under.—

(a) Journey bu air.—one air fare (b) Journey by rail—one iart; by the highest clast including air-condi-

tioned class

available.

(d) Journey by rood,— at the rule ot (id paise per kilometer.

14 Halting Allowance.—The Chairman while on tour, if he stays in a hotel, shall be reimbursed actual total expenses including tips upto a limit of rupees one hundred per diem If, however he does not stay in a hotel, he shall be paid per diem an allowance of Rs 30/-

15 Leave Travel Concession —The Chairman and his family shall be entitled to leave travel concession for ffoing to his home town once in a block of two years and to any place in India o'nee in a block of four years on the following basis:

The entire fare of the first 400 kilometers by rail in each of the 'outward' and 'mwavd' journey shall be met by the Chairman For the remaining distance, the Commission shall meet the actual fares in full. Air conditioned first class by rail or air journey shall not be allowed for the purpose of leave travel con- cession.

[No F. 2/5/10/75-IItl

M DANDAPANI, Jt. Secy.

2 I 36 T HE GAZETTE OF INDIA EXTRAORDINARY PART II—SEC 3(11)

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2138 T HE GAZETTE OF INDIA EXTRAORDINARY PART II—SEC. 3fii)

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