In these rules, unless there is anything repugnant in the subject or context-
(a) ‘Act’ means the Punjab Ex-servicemen Corporation Act, 1978 (Punjab Act No. 33 of 1978) ; and
(b) ‘Defaulter’ means a person, who falls to fulfill his financial obligation in Repayment either in means of money or in terms of the time schedule of repayment of the amount due to the Corporation and includes surety for the payment of such amount who falls to honour his obligation as a surety.
3. Salary and Allowance of Chairman, Managing Director and nominated Directors.
(1) The Chairman shall be entitled to such scale of pay, as may be authorized by the Government from time to time. In addition to the scale of pay, he shall also be entitled to draw such other allowance, as are admissible to the other employee to the corporation”. and
(2) The Managing Director :-
(i) If he is retired officer of State Government, or of the Central Government, he shall be entitled to such scale of pay, as may be authorized by the Government from time to time. In addition to the scale of pay, he shall also be entitled to draw such the allowance, as are admissible to the other employee of the Corporation.
(ii) If he is a Class I Officer of the State Government or of the Central Government, shall be entitled to draw such salary and allowance as are settled between the lending Government and the Corporation.
(3) The Director referred to in clause (e) sub-section (1) of section 7 of the Act shall be paid a fixed fee of one hundred and fifty rupees for attending each meeting of the Board or of any committee appointed by the Board under section 11 of the Act.
4. House–Rent Allowance -
(1) The Chairman shall be entitled to House Rent Allowance on such rate as admissible to the Employee of Government.
(2) The Managing Director shall be entitled to House Rent Allowance on such rate as may be admissible to the employees of the Government of his status.
5. Telephone facilities–Telephone facilities shall be provided in office as well as at the residence of the Chairman and that of the Managing Director in accordance with the guidelines/instructions issued by the Government from time to time. The total number of local calls from the residential telephone shall not exceed 3,000 per quarter of the year.
The cost of private trunk calls shall, however, be recovered from them.