**Executive Summary**
This document is a republication of GSR No. 536 (E), dated August 8, 2013, by the Government of India, Ministry of Shipping, regarding amendments to the Chennai Port Trust Employees' (Conduct) Regulations, 1987. These amendments, referred to as the Chennai Port Trust Employees' (Conduct) (Amendment) Regulations, 2013, are effective from the date of publication in the Official Gazette. The original notification was issued on August 8, 2013 and is now being republished as required under Section 132(2) of the Major Port Trusts Act, 1963.
**Key Points / Main Content**
* **Short Title and Commencement:**
* These regulations are called the Chennai Port Trust Employees' (Conduct) (Amendment) Regulations, 2013.
* The Amendment Regulations came into force from the date of publication in the Official Gazette.
* **Amendment to Chennai Port Trust Employees' (Conduct) Regulations, 1987:**
* Regulation 15 is amended.
* Sub-regulation (3) is replaced with a new version:
* Employees must report property transactions to the Chairman within one month of the transaction date if the value exceeds two months' basic pay.
* Prior sanction from the Chairman is required for transactions with individuals having official dealings with the employee.
* In sub-regulation (3), Explanation-l, clause (a) is amended:
* The phrase "Rs. 10,000 or one sixth of the total annual emoluments received from the Board whichever less" is replaced with "two months' basic pay of an employee."
**Impact Analysis**
**Stakeholder: Chennai Port Trust Employees**
* **Impact:** The employees of the Chennai Port Trust are impacted by the changes to the Conduct Regulations, specifically concerning reporting requirements for property transactions and the need for prior sanction in certain situations. The threshold for reporting property transactions is now defined as two months' basic pay, replacing the previous monetary value or a fraction of annual emoluments.
* **Action Required:** Chennai Port Trust employees need to familiarize themselves with the amended regulations regarding property transactions, understand the new reporting threshold of two months' basic pay, and adhere to the requirement of obtaining prior sanction from the Chairman for transactions with individuals having official dealings with them.
**Stakeholder: Chairman of the Chennai Port Trust**
* **Impact:** The chairman is impacted by the amendment as they are responsible for receiving and reviewing property transaction reports from employees.
* **Action Required:** The chairman must process reports of property transactions valued over two months’ basic pay of the employee and must sanction all transactions between employees and persons having official dealings with them.
Key Entities Referenced
Chennai Port Trust: A major port authority located in Chennai.
Major Port Trusts Act, 1963: Indian legislation governing the administration of major ports.
Chennai Port Trust Employees' (Conduct) Regulations, 1987: Regulations governing the conduct of employees of the Chennai Port Trust.
Chennai Port Trust Employees' (Conduct) (Amendment) Regulations, 2013: Amendment to the 1987 regulations pertaining to employee conduct within the Chennai Port Trust.
Chennai: Location of the Chennai Port Trust, which is the subject of the regulations.