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Section 93

(Employees' Service) Regulations, 2001 Last amended on May 08, 2019Central Regulations · 1992

(1) Every employee, shall be eligible for gratuity on :- (a) retirement ;

(b) death ;

(c) disablement rendering him unfit for further service as certified by Board's Medical Officer ;

(d) resignation after completing five years of continuous service ; or

(e) termination of service in any other way (except by way of punishment) after completion of five years of service.

53 [(2) The amount of gratuity payable shall be determined by the Board from time to time.

51 Substituted fo r the words “permi t ted to jo in” by the SEBI (Employees ' Se rvice) (Second Amend ment) Regula t ions , 2018 , w.e . f . 1 .6 .2018 .

52 Substituted ibid. Prior to the substitution, regulation 92 read as follows:

“Deputation of employees to other services

Where this provision sits

Act(Employees' Service) Regulations, 2001 Last amended on May 08, 2019
Section93
JurisdictionCentral
StatusIn force as published by the source

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