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Amendment to rule 18 of RS Conduct) Rules, 1966. - AISMA - All India Station Masters' Association - The Only Cadre Care for Station Masters


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AISMA - All India Station Masters' Association - The Only Cadre Care for Station Masters » Employee-welfare » Amendment to rule 18 of RS Conduct) Rules, 1966.

Amendment to rule 18 of RS Conduct) Rules, 1966.

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INDIAN RAILWAY ESTABLISHMENT CODE — VOL.1

(FIFTH EDITION 1985, THIRD REPRINT EDITION, 2008)

Appendix-I - Railway Services (Conduct) Rules, 1966 Advance Correction Slip No.118

In the Railway Services (Conduct) Rules, 1966, in rule 18:-

1. For sub-rule (3), the following shall be substituted, namely:
"(3) Where a railway servant enters into a transaction in respect of movable property either In his own name or In the name of a member of his family, he shall, within one month from the date of such transaction, report the same to the Government, if the value of such property exceeds two months’ basic pay of the Railway servant: Provided that the previous sanction of the Government shall be obtained by the Railway servant if any such transaction is with a person having official dealings with him.”

2. Below sub-rule (5), for clause (a) of Explanation I, the following shall be substituted,
namely:
"(a) jewellery, insurance policies the annual premium of which exceeds two months’ basic pay of the railway servant, shares, securities and debentures;” (Authority — Railway Board’s letter No.E(D&A) 2011 GS1-3 dated 11.7.2011)

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