(l) Where an official 4[director] nominated under clause (a). of Sub-section (1) of Section 4, is the whole time 4[director] or whole time 4[director] and Chairman of the Corporation, he shall be entitled to draw the same salary and allowances as he would have drawn in the post which he would have held if he were not nominated as such official 4[director].
Provided that:-
(a) Travelling and daily allowance payable to him shall be regulated by Subrule (2) of rule 3; and
(b) He shall not be entitled to any payment under rule 4B.
(2) Where an official 4[director] nominated under clause (a) of Subsection (1) is not a whole time 4[director] he shall be entitled to draw allowances as provided in rules 3 and 4B.]
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1. This was substituted by Notification No.GHU-176/IND-1669/5414/G dated 12.10.1970 and subsequently substituted and by Notification No.GHU-76-77-GID-1775-4771-CH dated 17.08.1976.
2. The Rule 3A was inserted by Notification No.GHU/74/68/GID/1074/8175/CH dated 26.7.1974.
3. This was substituted by Notification No.GHU/75/103/GID/1775/8442/CH dated 12.9.1975.
4. These words were substituted for the words “Member” or “Members” by Notification No.GHU/88/42/GID/1486/3054/G1 dated 4.10.1988.
5. These words were substituted for the words, “Chief Executive Officer” by Notification ibid.
mailto:officiaf@.irecto:Bhimself, 4 2 [4. Compensatory Allowance to non-official 5 [director]:- In attending a meeting of the Corporation or of a Committee of the Corporation, a non-official 5[director] shall be entitled 4 [with effect from 19th January, 1972] to compensatory allowance, which shall consist of the following, namely:-
(i) if a meeting be a meeting of the Corporation Rs.100/- for each day on which he attends such meeting;
(ii) if a meeting be a meeting of a Committee Rs.50/- for each day on which he attends such meeting.
(iii) travelling allowance admissible under rule 3;
(iv) conveyance allowance admissible under rule 3,
Provided that he shall not draw any additional compensatory allowance for any day for attending a meeting of a Committee; if he on the same day, has earlier attended, the meeting of the Corporation or the meeting of any other Committee.]
[4A. Travelling allowance to 5 [director] of advisory Committees constituted. by the Corporation:- The 5 [director] of the Advisory Committees, other than officers of Government shall be entitled to travelling allowance at the rate admissible to the nonofficial 5 [director] of the Corporation provided that they shall not be entitled to any sitting fee] 3 [4B. Payment to official 5 [director]: In attending a meeting of the Corporation or of a committee of the Corporation an official 5 [director] nominated under clause (a) of sub-section (I) of Section 4 shall be entitled 4 [with effect from 19th January, 1972] to payment as follows:-
(i) . If a meeting be a meeting of the Corporation, Rs.100/- for each day on which he attends such meeting:
(ii) If a meeting be a meeting of the Committee, Rs.50/-- for each day on which he attends such meeting;
Provided that he shall not draw any additional payment for any day for attending the meeting of a committee, if on the same day he has earlier attended the meeting of the Corporation or the meeting of any other Committee.
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1. This rule was inserted by Notification No.GHU-15-IND-1668/1145-D dated 22.02.1968 published in GGG Part IV-B dated 14.3.1968 at page No.271.
2. This rule was substituted by Notification No.GHU-176/IND-1669/5414/G dated 12.10.1970.
3. This was inserted by Notification No.GHU-71/IND-1671/13001/G dated 16.11.1971 published in GGG Part IV-B dated 25.11.71, at page No.1086-1087.
4. These words were inserted vide Notification No.GHU/72/24/IND/1671/ 1150/G dated 22.2.72 published in GGG Part IV-B dated 7.9.72.
5. These words were substituted for the words “Member” or “Members” by Notification No.GHU/88/42/GID/1486/3054/G1 dated 4.10.1988.
5
CHAPTER III CONDITIONS OF APPOINTMENT AND SERVICE AND SCALES OF PAY OF 2 [MANAGING DIRECTOR] AND CHIEF ACCOUNTS OFFICER 1 [ 3 [5A.] Conditions of appointment of Chief Accounts Officer:- An appointment to the post of Chief Accounts officer may be made:-
(a) by direct recruitment of a candidate who-
(i) is a Chartered Accountant or holds a diploma or degree in management accountancy from a recognised Institute or University, and possesses about five year's experience in financial management in Government or Corporate bodies.
(ii) has attained the age of 30 years and has not completed 45 years on the date of appointment;
OR
(b)by promoting an Officer belonging to Class I service of the Corporation who is of proved merit and efficiency and has atleast five years experience, in matters relating to accounts and finance.
OR
(c) of an officer taken on deputation from State or Central Government 5 [or bank or financial institution].
5 Pay and allowances:- The 2 [Managing Director] and the Chief Accounts Officer shall be appointed by the State Government from amongst the persons qualified therefore, on such pay as maybe fixed by the Government in the following scales of pay and allowances namely:-
(a) 2 [Managing Director] Scale of Pay 4 [Cadre pay in the case of IAS officer and 5 [Rs. 4500-150-5700] in case of others;]
(b) Chief Accounts Officer:
Scale of Pay:
6 [Rs. 3700-5700;]
Provided that when the 2 [Managing Director] and/or the Chief Accounts Officer is a Government Officer deputed on foreign service, the terms and conditions regarding pay, special pay, deputation allowance, conveyance allowance etc. may be fixed by the Government Separately by rules.
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1. This rule was inserted vide Notification No.GHU-73/11- IND/1670/14275/CH dated 24.1.1973.
2. These words were substituted for the words, “Chief Executive Officer” by Notification No.GHU/88/42/GID/1486/3054/G1 dated 4.10.1988.
3. The figure and word was substituted for the figure & words “5AA” by Notification No.GHU-88(39)- GID-1485-1637-G1 dated 16.09.1988.
4. These words were inserted by the Notification ibid.
5. These words were substituted for the figures “4500-150-5700” by the Notification No.GHU-88(12)- GID-1487-(8)-2589-G1 dated 5.4.1988 published in GGG Part IX dated 5.5.1988. Earlier by Notification No.GHU-88(3)-GID-1487(8)-2589-G-1 dated 11.1.1988 published in GGG Part IX dated
11.2.88 the figures “2000-125-2-2250” were substituted.
6. These figures were substituted for the figures “1600-2000” by the Notification No.GHU-88(3) GID- 1487(8)-2589-G1 dated 11.1.1988 published in GGG Part IX dated 11.2.88.
6 Dearness Allowance: As admissible according to the rates prescribed by the State Government for its Officers.
6. Travelling Allowance·-{l) The 1 [Managing Director] and the Chief Accounts Officer shall be entitled to travelling allowances for the journeys performed in the service of the Corporation on the scale provided for Grade I Officers of the State Government.
(2) Notwithstanding anything contained in sub-ru1e (I) The 1 [Managing Director] shall whether he is a Government servant deputed on foreign service conditions or not and irrespective of a pay drawn by him in the case of Journeys on tour including various types of journeys for which travelling allowance is admissible as for journeys on tour, be entitled to travel by air.
(3) A bill for travelling allowance, daily allowance or conveyance allowance, as the case may be, claimed by the 1 [Managing Director] or the Chief Accounts Officer shall be countersigned by the 1 [Managing Director].