**Summary:**
This notification, issued by the Punjab National Bank (PNB) on March 27, 2020, concerns amendments to the Punjab National Bank Officer Employees Acceptance of Jobs in Private Sector Concerns After Retirement Regulations, 2000. These amendments, titled the "Punjab National Bank Officer Employees Acceptance of Jobs in Private Sector Concerns After Retirement Amendment Regulations, 2020," are enacted under the authority granted by section 19, read with sub-section 2 of section 12 of the Banking Companies Acquisition and Transfer of Undertakings Act, 1970 (5 of 1970). The amendments come into force on the date of their publication in the Official Gazette.
The key changes include:
1. **Regulation 4 Amendment:** Sub-regulation 6 of regulation 4 is substituted to state that every order passed by the Bank under these regulations must be communicated to the person concerned.
2. **Regulation 5 Insertion:** A new regulation 5 is inserted, defining the "Competent Authority" for granting or refusing permission for officers accepting employment in private concerns after retirement. The competent authority varies based on the officer's grade:
* Junior Management Grade Scale I: General Manager or Chief General Manager
* Middle Management Grade Scale II and III: HR
* Senior Management Grade Scale IV: Senior Management Grade Scale V
* Top Executive Grade Scale VI: Executive Director heading HR
* Top Executive Grade Scale VII: Managing Director and Chief Executive Officer
* Top Executive Grade Scale VIII: Officer
The notification is issued by Rajesh Verma, General Manager HRDD. The principal regulations were initially published on August 21, 2000, and last amended on March 14, 2015.
Key Entities Referenced
Punjab National Bank: A major public sector bank in India, the subject of this notification.
Reserve Bank of India: The central bank of India, consulted in the amendment process.
Central Government: The government of India, whose sanction is required for the regulations.
Banking Companies Acquisition and Transfer of Undertakings Act, 1970: The law under which the powers are exercised to make the regulations.
Punjab National Bank Officer Employees Acceptance of Jobs in Private Sector Concerns After Retirement Regulations 2000: The original regulations being amended by this notification.
Punjab National Bank Officer Employees Acceptance of Jobs in Private Sector Concerns After Retirement Amendment Regulations, 2020: The title of the new amendment regulations.
New Delhi: City in India where the notification was issued.
Rajesh Verma: General Manager HRDD, signatory of the notification.
रजिस्ट्री स.ं डी.एल.-33004/99 REGD. NO. D. L.-33004/99
सी.जी.-डी.एxलx.x-GअI.D-H2x7x0x3 2020-218940
CG-DLxx-xEG-I2D7E0x3x2x0 20-218940
असाधारण
EXTRAORDINARY
भाग III—खण्ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 134] नई ददल्ली, िक्रु र्ार, माच च27, 2020/चत्रै 7, 1942
No. 134] NEW DELHI, FRIDAY, MARCH 27, 2020/CHAITRA 7, 1942
पिं ाब निै नल बकैं
अजधसचू ना
नई ददल् ली] 27 माच,च 2020
एफ. स.ं HRDD:POL:OSR(ई).—बकैं कारी कंपनी (उपक्रमों का अिचन और अंतरण), अजधजनयम, 1970 (1970 का
5) की धारा 12 की उप-धारा (2) के साथ पठित धारा 19 द्वारा प्रदत्त िजियों का प्रयोग करते हुए पंिाब नैिनल बैंक के
जनदिे क मंडल, भारतीय ठरज़र्च बैंक के परामिच और केंद्र सरकार की पूर् च मंिूरी के साथ, पंिाब नैिनल बैंक अजधकारी कमचचारी
(सेर्ाजनर्ृजत्त के पश्चात सम्बंजधत जनिी क्षेत्र की इकाई में नौकरी स्ट्र्ीकार करना) जर्जनयम, 2000 में संिोधन करते हुए
जनम्नजलजखत जर्जनयम बनाता ह;ै यथा:
1. (1) ये जर्जनयम पंिाब नैिनल बैंक अजधकारी कमचचारी (सेर्ाजनर्ृजत्त के पश्चात जनिी क्षेत्र की इकाई में नौकरी
स्ट्र्ीकार करना) संिोधन जर्जनयम, 2020 कह ेिाएंगे|
(2) ये जर्जनयम अजधकाठरक रािपत्र में प्रकाजित होने की जतजथ से प्रभार्ी होंगे|
2. पंिाब नैिनल बैंक अजधकारी कमचचारी (सेर्ाजनर्ृजत्त के पश्चात जनिी क्षेत्र की इकाई में नौकरी स्ट्र्ीकार करना) जर्जनयम,
2000 के,-
(i) जर्जनयम 4 म,ें उप-जर्जनयम (6) के जलए जनम्नजलजखत उप-जर्जनयम प्रजतस्ट्थाजपत दकये िाएंग,े यथा:-
“(6) इन जर्जनयमों के अतं गचत बैंक द्वारा पाठरत प्रत्येक आदिे के जर्षय में संबंजधत व्यजि को सूजचत दकया
िाएगा”।
1619 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
(ii) जर्जनयम 4 के बाद, जनम्नजलजखत जर्जनयम िोड़ा िाएगा, िोदक:
“5. सक्षम प्राजधकारी- जर्जनयमन 4 के तहत जनम्नजलजखत ताजलका के अनुसार सक्षम प्राजधकारी, सेर्ाजनर्ृजत्त के पश्चात
अजधकारी कमचचारी द्वारा दकसी भी जनिी संस्ट्थान में रोिगार को स्ट्र्ीकार या रोिगार करने के जलए, स्ट्र्ीकृजत या अस्ट्र्ीकृजत दने े
के जलए प्राजधकृत होंगे”:-
ताजलका
स्ट्तर सक्षम प्राजधकारी
(1) (2)
कजनष्ठ प्रबंधन ग्रेड र्ेतनमान- I महाप्रबंधक अथर्ा मख्ु य महाप्रबंधक-मानर् संसाधन
मध्य प्रबंधन ग्रेड र्ेतनमान- II एर् ंIII
र्ठरष्ठ प्रबन्धन ग्रडे र्ेतनमान-IV
र्ठरष्ठ प्रबन्धन ग्रडे र्ेतनमान-V कायचपालक जनदिे क – मानर् संसाधन
िीषच कायचपालक ग्रडे र्ेतनमान-VI
िीषच कायचपालक ग्रडे र्ेतनमान-VII प्रबन्ध जनदिे क एर्ं मख्ु य कायचपालक अजधकारी
िीषच कायचपालक ग्रडे र्ेतनमान-VIII
रािेि र्मा,च महाप्रबंधक-एचआरडीडी
[जर्ज्ञापन&III@4@असा-@519@19]
नोट : मलू जर्जनयम भारत के रािपत्र, भाग III, खंड 4 की अजधसूचना संख्या पीएनबी/डीएसी/पी-7/2000
ददनांक 21 अगस्ट्त 2000 के माध्यम स े प्रकाजित हुई और अजधसूचना संख्या पीएनबी/डीएसी/पी-7/2015,
ददनांक 14 माच,च 2015 के माध्यम स े अंजतम बार संिोजधत की गई।
PUNJAB NATIONAL BANK
NOTIFICATION
New Delhi, the 27th March, 2020
F. No. HRDD:POL:OSR(E).—In exercise of the powers conferred by section 19, read with sub-
section (2) of section 12 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of
1970), the Board of Directors of the Punjab National Bank after consultation with the Reserve Bank of India and
with the previous sanction of the Central Government, hereby makes the following regulations further to amend
the Punjab National Bank Officer Employees’ (Acceptance of Jobs in Private Sector Concerns After
Retirement) Regulations 2000, namely:–
1. (1) These regulations may be called the Punjab National Bank Officer Employees’ (Acceptance of Jobs in
Private Sector Concerns After Retirement) Amendment Regulations, 2020.
(2) They shall come into force with effect from the date of their publication in the Official Gazette.
2. In the Punjab National Bank Officer Employees’ (Acceptance of Jobs in Private Sector Concerns After
Retirement) Regulations, 2000,-
(i) in regulation 4, for sub-regulation (6), the following sub-regulation shall be substituted, namely:–[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3
―(6). Every order passed by the Bank under these regulations shall be communicated to the person
concerned.‖;
(ii) after regulation 4, the following regulation shall be inserted, namely:
―5. Competent Authority.- The Competent Authority for granting or refusing permission for acceptance
or taking up any employment in private concern after retirement, by an officer employee under regulation 4,
shall be as given in the table below:-
TABLE
LEVEL COMPETENT AUTHORITY
(1) (2)
Junior Management Grade Scale-I General Manager or Chief General Manager-
Middle Management Grade Scale-II and III HR
Senior Management Grade Scale-IV
Senior Management Grade Scale-V Executive Director heading HR
Top Executive Grade Scale-VI
Top Executive Grade Scale-VII Managing Director and Chief Executive
Top Executive Grade Scale-VIII Officer‖.
RAJESH VERMA, General Manager–HRDD
[ADVT.-III/4/Exty./519/19]
Note : The principal regulations were published in the Gazette of India, Part III, Section 4 vide notification
number PNB/DAC/P-7/2000 dated the 21st August 2000 and last amended vide notification number
PNB/DAC/P-7/2015, dated the 14th March, 2015.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.