(1) No University employee shall, except with the previous sanction of the University, receive any complimentary or valedictory address or accept any testimonial or attend any meeting or entertainment held in his honour; or in the honour of any other University employee:
Provided that nothing in this regulation shall apply to─
(a) a farewell entertainment of a substantially private and informal character held in honour of a University employee or any other University employee on the occasion of his retirement or transfer or of any person who has recently quitted the service of any University; or
(b) the acceptance of simple and inexpensive entertainment arranged by public bodies or institutions.
(2) No University employee shall exercise pressure or influence of any sort on any University employee to induce him to subscribe towards any farewell entertainment even if it is of a substantially private or informal character.