(1) * p 10of13
(a) the immovable property inherited by him or owned or acquired by him or held by him on lease or mortgage, either in his name or in the name of any members of his family or in the name of any other person:
{b) shares, debentures and cash including bank deposits inherited by him or similarly owned or acquired or held by him:
(c) other movable property inherited by him or similarly owned or acquired or held by him; and
(d) debts and other liabilities incurred by him directly or indirectly:
Provided that in the case of an officer employee who is already in service in the bank on the date these regulations come into force, shall submit a return in terms of this regulation within three months of coming into force of these regulations, the return being with reference to the assets and liabilities as enumerated above of the officer employee on the date these regulations come into force.
(2) Every officer employee shall every year submit a return of his movable, immovable and valuable property including liquid assets like shares, debentures as on 31st march of that year to the bank before 30th day of June of that year.
(3) No officer employee shall except with the previous knowledge of the competent authority acquire or dispose of any immovable property by lease, mortgage, purchase, sale, gift or otherwise either in his own name or in the name of any member of his family:
Provided that the previous sanction of the competent authority shall be obtained by the officer employee if any such transaction is-
(a) with a person having official dealings with the officer employee;
(b) otherwise than through a regular or reputed dealer.
(4) Every officer employee shall report to the competent authority every transaction concerning movable property owned or held by him either in his own name or in the name of a member of his family if the value of such property exceeds Rs. 25,000/-.
Provided that the previous sanction of the competent authority shall be obtained if any such transactions is-
(a) with a person having official dealings with the officer employee or
(b) Otherwise than through a regular or reputed dealer.
(5) The bank may at any time, by general or special order, require an officer employee to furnish within a period to be specified in the order a full and complete statement of such movable or immovable property held or acquired by him or on his behalf or by any member of his family as may be specified in the order.
~ 11 of13 Such a statement shall, if so required by the bank, include the details of the means by which or the sources from which such property was acquired.
VINDICATION OF ACTS AND CHARACTER OF AN OFFICER EMPLOYEE
21. No officer employee shall, except with the previous. sanction of the bank have recourse to any court or to the press for the vindication of any official act which has been the subject matter of adverse criticism or an attack of a defamatory character:
Provided that nothing in this regulation shall be deemed to prohibit an employee from vindication his private character or any act done by him in his private capacity and where any action for vindicating his private character or any act done by him in private capacity is taken, the officer employee shall submit a report, to his immediate superior within a period of three months from the date such action is taken by him RESTRICTIONS REGARDING MARRIAGE