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Regulation 31 of the International Financial Services Centres Authority (Employees' Service) Regulat...
CHAPTER V LEAVE AND JOINING TIME 31. (1) Subject to the provisions of these regulations, the following kinds of leave may be granted to an employee: (a) Casual leave and Special Casual leave; (b) Ordinary leave; (c) Sick leave and Special leave; (d) Maternity leave or Paternity leave, as the case may be; (e) Extraordinary leave; (f) Accident leave; (g) Study leave; (h) Compensatory leave; and (i) Any other... ... ...
Regulation 30 of the International Financial Services Centres Authority (Employees' Service) Regulat...
30. (1) Every employee shall, on her appointment, declare her domicile in writing to the Authority, and if such domicile is not her place of birth, she must establish the same to the satisfaction of the Competent Authority. (2) No employee who has once indicated her domicile, shall be allowed to alter the same unless the employee satisfies the Authority that the change is bona-fide and in no case may an employee be permitted to change her domicile in such a manner as to increase the cost ... ... ...
Regulation 29 of the International Financial Services Centres Authority (Employees' Service) Regulat...
29. (1) Without prejudice to anything contained in regulation 27, an employee promoted to a higher grade shall be entitled for increment as below: (a) Before reaching the maximum of the incremental scale in the pre-promotional grade, the date of the next increment in the promotional grade shall be the date of increment as existing in the pre-promotional grade; (b) After having reached the maximum of the incremental scale in the pre-promotional grade, the date of the next in... ... ...
Regulation 28 of the International Financial Services Centres Authority (Employees' Service) Regulat...
28. (1) Subject to such special or general instructions as may be issued by the Authority, the pay of an employee appointed through direct recruitment, or from one grade in the Authority to another, shall initially be so fixed in the scale of pay of the post in which the employee is appointed that it is not less than her substantive pay. (2) On confirmation in the higher grade, the pay of an employee shall be fixed at such appropriate stage as may be decided by the Competent Authority. ... ... ...
Regulation 27 of the International Financial Services Centres Authority (Employees' Service) Regulat...
27. (1) In an incremental scale, the increment shall accrue on an annual basis at each stage of that scale, irrespective of whether such service is probationary, officiating or substantive; Provided that in the case of an employee appointed on deputation, the date of annual increment in the Authority shall ordinarily be determined with reference to the date of joining the services of the Authority; Provided further that where an employee is deputed from an organisation whose pay struct... ... ...
Regulation 26 of the International Financial Services Centres Authority (Employees' Service) Regulat...
26. (1) Notwithstanding the fact that the whole-time employee is at the disposal of the Authority, compensatory allowance, not counting as pay, may be granted to an employee who is required to work on holidays or to put in extra hours on working days in connection with the Authority's work. Provided that the Competent Authority may permit an employee to take compensatory leave in lieu of compensatory allowance payable on account of the work carried out on a holiday. (2) The rate at... ... ...
Regulation 25 of the International Financial Services Centres Authority (Employees' Service) Regulat...
25. Allowances shall only be payable to the employees who fulfill the conditions subject to which the allowances are admissible. =============... ... ...
Regulation 24 of the International Financial Services Centres Authority (Employees' Service) Regulat...
24. Pay and allowances shall cease to accrue from the date an employee ceases to be in service. Explanation 1. - In case an employee is dismissed, removed or compulsorily retired from the Authority's service, the pay and allowances shall cease from the date of her dismissal, removal or compulsory retirement, as the case may be Explanation 2. - In the case of an employee who dies while in service, they shall cease from the day following the day on which the death occurs. ========... ... ...
Regulation 23 of the International Financial Services Centres Authority (Employees' Service) Regulat...
23. Pay and allowances shall not be payable for part of a month to an employee who leaves or discontinues her service without due notice during a month, unless such notice period has been waived by the Competent Authority. =============... ... ...
Regulation 22 of the International Financial Services Centres Authority (Employees' Service) Regulat...
22. Subject to the provisions of these regulations, pay and allowances shall accrue from the commencement of the service of an employee, and shall become payable on the afternoon of the last working day of each month in respect of the service performed during the said month; Provided that employee proceeding on ordinary leave other than extraordinary leave for a period not less than one month may be paid in advance one month's pay and allowance if she applies therefor. ============... ... ...
Regulation 21 of the International Financial Services Centres Authority (Employees' Service) Regulat...
CHAPTER IV PAY, ALLOWANCES AND OTHER BENEFITS 21. (1) The Authority shall, at its discretion, determine from time to time, the pay and allowances applicable to different categories of employees. (2) The Authority may, at its discretion, frame, from time to time, such schemes and allow such other benefits for the welfare of the employees, at such terms and conditions, as it may determine. =============... ... ...
Regulation 20 of the International Financial Services Centres Authority (Employees' Service) Regulat...
20. 20. Reversion An employee promoted from one grade to another shall be on probation for a period of one year and may, during such period, be reverted to the grade from which she was promoted, if her performance is found to be unsatisfactory or for any other reasons to be recorded in writing; Provided that the Competent Authority may, at its discretion, give one month's advance notice before effecting such reversion. An employee promoted from one grade to another shall be on pr... ... ...
Regulation 19 of the International Financial Services Centres Authority (Employees' Service) Regulat...
19. (1) Subject to the provisions of these regulations, all promotions, upgradation and switchover shall be governed by the policies laid down by the Authority from time to time; Provided that an employee, who has put in a minimum of 3 years of service in any post or grade, when promotion opportunities arise, shall be eligible for consideration of promotion to a higher post; Provided further that an employee in any grade in the cadre of MTS who possesses requisite qualifications may be... ... ...
Regulation 18 of the International Financial Services Centres Authority (Employees' Service) Regulat...
18. (1) An employee in the services of the Authority shall ordinarily rank for seniority in her grade as follows: (a) An employee who joins the Authority on direct recruitment, on the basis of all-India open competition or internal promotions through switch over to the officer cadre, and is on probation, shall ordinarily rank for seniority among the employees selected along with her in the same batch according to the ranking assigned to her at the time of selection; (b) An ... ... ...
Regulation 17 of the International Financial Services Centres Authority (Employees' Service) Regulat...
CHAPTER III RECORD OF SERVICE, SENIORITY, PROMOTION AND REVERSION 17. A record of service shall be maintained by the Authority in respect of each employee at such place or places, and shall be kept in such form and contain such information as may be specified by the Competent Authority. =============... ... ...
Regulation 16 of the International Financial Services Centres Authority (Employees' Service) Regulat...
16. Notwithstanding anything contained in these regulations, the Authority shall have the right to obtain undertakings/bonds from an employee for payment of liquidated damages relating to the expenses incurred by the Authority on her deputation or training or higher studies or her failure to complete the required number of years of service in a particular post, as may be specified by the Authority from time to time. =============... ... ...
Regulation 15 of the International Financial Services Centres Authority (Employees' Service) Regulat...
15. (1) An employee shall superannuate at 60 years of age; Provided that the Competent Authority may retire any employee on, or at any time after the completion of 55 years of age or 30 years of total service, whichever is earlier, by giving her 90 days' notice in writing after giving the employee an opportunity to file written submissions against such proposal. (2) An employee, who attains the age of superannuation on any day other than the first day of any calendar month, shall r... ... ...
Regulation 14 of the International Financial Services Centres Authority (Employees' Service) Regulat...
14. (1) An employee shall not leave or discontinue her service in the Authority without first giving notice to the Competent Authority, in writing of her intention to leave or discontinue the service. (2) The period of notice required shall be, - (a) In the case of employees holding the post on regular basis, 90 days; (b) In the case of employees holding the post on probation, 30 days; Provided that Chairperson may waive the notice period required under this sub-regul... ... ...
Regulation 13 of the International Financial Services Centres Authority (Employees' Service) Regulat...
13. Except as otherwise provided by or under these regulations, "service" of an employee shall be deemed to commence from the working day on which an employee reports for duty in an appointment at the place and time intimated to her by the Competent Authority; Provided that if she reports in the afternoon, her service shall commence from the following working day. =============... ... ...
Regulation 12 of the International Financial Services Centres Authority (Employees' Service) Regulat...
12. (1) An employee directly appointed in any of the specified scales of pay shall be on probation for a period of two years. (2) An employee promoted from one grade/scale to another shall be on probation for a period of one year. (3) Chairperson may, if considered it necessary, extend the period of probation up to a period of one year for unsatisfactory performance or reduce or dispense with period of probation for reason to be recorded in writing. (4) Save as otherwise provided in... ... ...