The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (i)
PUBLISHED BY AUTHORITY
No. 159] NEW DELHI, SATURDAY, APRIL 30, 1983/VAISAKHA 10, 1905
Separate Paging is given to this Part in order that it may be filed as a separate
compilation
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 30th April, 1983
INSURANCE
2 THE GAZETTl: OF INDIA : EXTRAORDINARY [PART If—SEC. 3(i)] 1956), the Central Government heicby makes the follwoing rules to amend the Life Insurance Corporation ol lu.lia (Class III and Class [V Employees) Pa> Rules, I OS i, namely — and dearness allowance (bv whatc\er name called^ an amount exceeding Rs. 1600/- pei month in the aggregate,1. Short title ami commencement—(I) These rules n uy be called the Life Insurance Corporation of India (Class III and Cldss IV rnijilivue-,) Pa> (Ami'idnvin) Rules, 198=.
(2) The> shall Lo.nc into l o ur on (lie dale of then publica-
non in the Odicial Ga/euc
2, In rule 3 of the Life h i. nance Corporation of I U JM
(Class 111 and Class IV Employee) i'a.' Rulus, 1981,—
(a) in sub-uiles|l) anil (J), the words and figuies ''oi Class
IV", whetcvci the) occur, shall be omitted;
(b) after tub-rule ('), th* following sub-rule sh'ill be inscit-
cd, ntimelv • -
"(.3) No Class 1\ omplmce ol the Corporation srwll. al any time, tliaw .is basic pay, special pay, if any.
(4) Wbtre, immediately before the 30th day of April, 1M83 an" Class IV oinplo>cc of the Coiporalion is in receipt of an amount exceeding Rs. 1600/- per month in the aggregate as basic pay, special pay, if any, and dearness allowance, he shall, notwith- standing anything contained m sub-iule (3) cim'iniie to receive such amount after such date, but so much of (he amount as is in excess of Rs. ldOO/-pei month shall be dcemtd ti be personal allow.u.Cv payable to him uu 11 he is promoted to i>: cbncal giadc and such allowance shall, on his promotion, be absorbed in his total emoluments."
[K.No.4/2/Ins. 111/83]
iKin.) K.USUM LATA MtTTAL. Addl Secy.