Employee property disclosures require asset declarations, timely reporting, and prior approval for dealings involving persons with official dealings.

Employees must declare assets and liabilities in the prescribed manner or, pending such prescription, as approved by the Competent Authority. Prior intimation is required for acquisition or disposal of immovable property, while previous sanction is mandatory for dealings with persons having official dealings with the employee. Specified movable-property transactions must be reported within 30 days. A complete property statement, including sources of acquisition, may be required.

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