**Executive Summary**
This document is the Tamil Nadu Government Gazette, published on September 21, 2016. It republishes GSR No. 536 (E), dated August 8, 2013, originally issued by the Government of India, Ministry of Shipping, regarding amendments to the Chennai Port Trust Employees' (Conduct) Regulations, 1987. The Amendment Regulations shall come into force on the date of publication of this notification in the Official Gazette.
**Key Points / Main Content**
* **Short Title and Commencement:**
* The regulations are called the Chennai Port Trust Employees' (Conduct) (Amendment) Regulations, 2013.
* The regulations become effective upon publication in the Official Gazette.
* **Amendments to Chennai Port Trust Employees' (Conduct) Regulations, 1987:**
* Regulation 15, sub-regulation (3) is replaced with: Employees must report property transactions exceeding two months' basic pay to the Chairman within one month. Prior sanction from the Chairman is needed for transactions with individuals having official dealings.
* Explanation 1 of sub-regulation (3) clause (a): The phrase "Rs. 10,000 or one-sixth of total annual emoluments" is substituted by "two months' basic pay of an employee".
**Impact Analysis**
**Stakeholder: Chennai Port Trust Employees**
* **Impact:** Revised rules for reporting property transactions. The threshold for mandatory reporting has been changed to "two months' basic pay of an employee."
* **Action Required:** Employees must adhere to the new reporting requirements for property transactions and seek prior sanction for transactions with individuals having official dealings.
Key Entities Referenced
Chennai Port Trust Employees' (Conduct) Regulations, 1987: Regulations governing the conduct of employees of the Chennai Port Trust. These are amended by the current notification.
Major Port Trusts Act, 1963: The Act under which the Chennai Port Trust functions and these regulations are made.
Chennai Port Trust: The organization whose employees are subject to the conduct regulations being amended.