Home India Part III-Section 2 TAMIL NADU MARITIME BOARD, CHENNAINIT TRUST - NOTIFICATION U...
Date: 2020-09-16 Category: Not Applicable State: Tamil Nadu Country: India

TAMIL NADU MARITIME BOARD, CHENNAINIT TRUST - NOTIFICATION UNDER TAMIL NADU MARITIME BOARD - Direction Regarding Scale of Rates Levied by Tamil Nadu Maritime Board

Issued by Part III-Section 2 · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document is a republication of Notification GSR No. 536 (E) from the Government of India, Ministry of Shipping, regarding amendments to the Chennai Port Trust Employees' (Conduct) Regulations, 1987. The amendments, which are approved by the Central Government, concern reporting requirements for employee transactions involving movable property. The amendment Regulations shall come into force on the date of publication of this notification in the Official Gazette. **Key Points / Main Content** * **General:** * The document republishes Notification GSR No. 536 (E) regarding amendments to the Chennai Port Trust Employees' (Conduct) Regulations, 1987. * The amendments are called the Chennai Port Trust Employees' (Conduct) (Amendment) Regulations, 2013. * The effective date is the date of publication in the Official Gazette. * **Regulation 15 Amendments:** * Sub-regulation (3) is substituted: Employees must report movable property transactions (in their name or a family member's name) to the Chairman within one month if the value exceeds two months' basic pay. * Previous sanction from the Chairman is required if the transaction is with someone the employee has official dealings with. * In sub-regulation (3) in clause (a) under Explanation-l, "Rs. 10,000 or one sixth of the total annual emoluments received from the Board whichever less" is substituted by "two months' basic pay of an employee". **Impact Analysis** **Chennai Port Trust Employees** * **Impact:** Affected by changes to the reporting requirements for transactions involving movable property. Stricter adherence to the new thresholds and reporting timelines will be required. * **Action Required:** Employees must familiarize themselves with the new thresholds for reporting movable property transactions and ensure compliance with the updated regulations, including the requirement for prior sanction in dealings with related parties.

Key Entities Referenced

Major Port Trusts Act, 1963: Governs major ports in India; sections 124 and 132 are referenced. 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: Amendments to the Chennai Port Trust Employees’ Conduct Regulations. Chennai Port Trust: The Chennai Port Trust, a major port trust organization, is subject to these regulations.
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© [Regd. No. TN/CCN/467/2012-14. GOVERNMENT OF TAMIL NADU [R. Dis. No. 197/2009. 2016 [Price : Re. 0.80 Paise. TAMIL NADU GOVERNMENT GAZETTE PUBLISHED BY AUTHORITY No.38] CHENNAI, WEDNESDAY, SEPTEMBER 21, 2016 Purattasi 5, Thunmugi, Thiruvalluvar Aandu – 2047 Part III—Section 2 Statutory Notifications and Orders issued by Heads of Departments. NOTIFICATIONS BY HEADS OF DEPARTMENTS, ETC. CONTENTS Pages. CHENNAI PORT TRUST Chennai Port Trust Employees' (Conduct) (Amendment) Regulations 2013 .. .. .. .. 476 DTP—III-2 (38)—1 [ 475 ]476 TAMIL NADU GOVERNMENT GAZETTE [Part III—Sec. 2 NOTIFICATIONS BY HEADS OF DEPARTMENTS, ETC. CHENNAI PORT TRUST CHENNAI PORT TRUST EMPLOYEES’ (CONDUCT) (AMENDMENT) REGULATIONS, 2013. (RRC/15092/2011/GA) No. SROC-19/2016. The following Notification GSR No. 536 (E), dated the 8th August 2013 issued by the Government of India, Ministry of Shipping and published in Part II – Section 3 sub-section (i) of the Extraordinary issue of the Gazette of India, dated 8th August 2013 is republished as required under Section 132(2) of the Major Port Trusts Act, 1963 :- GSR No. 536 (E). – In exercise of the powers conferred by sub-section (1) of Section 124, read with sub-section (1) of Section 132 of the Major Port Trusts Act, 1963 (38 of 1963), the Central Government hereby approves the Chennai Port Trust Employees’ (Conduct) (Amendment) Regulations, 2013 made by the Board of Trustees for the Port of Chennai Port further to amend the Chennai Port Trust Employees’ (Conduct) Regulations, 1987 and are set out in the Schedule annexed to this Notification. 2. The said Amendment Regulations shall come into force on the date of publication of this notification in the Official Gazette. SCHEDULE CHENNAI PORT TRUST EMPLOYEES’ (CONDUCT) (AMENDMENT) REGULATIONS, 2013. In exercise of the powers conferred under Section 28 of the Major Port Trusts Act, 1963 (38 of 1963), the Trustees of the Port of Chennai hereby makes the following Amendment Regulations further to amend the Chennai Port Trust Employees’ (Conduct) Regulations, 1987, namely: - 1. Short Title and commencement:- (a) These Regulations may be called the Chennai Port Trust Employees’ (Conduct) (Amendment) Regulations, 2013. (b) The amendment Regulations shall come into force from the date of publication in the Official Gazette. 2. In the Chennai Port Trust Employees’ (Conduct) Regulations, 1987, in regulation 15:- (i) Sub-regulation (3) shall be substituted as under:- “(3) Where an employee enters into a transaction in respect of movable property either in his own name or in the name of the member of his family, he shall, within one month from the date of such transaction, report the same to the Chairman, if the value of such property exceeds two months’ basic pay of an employee: Provided that the previous sanction of the Chairman shall be obtained by the employee if any such transaction is with a person having official dealings with him”. (ii) In sub-regulation (3) in clause (a) under Explanation-I, the words and figures “Rs. 10,000 or one sixth of the total annual emoluments received from the Board whichever less” shall be substituted by the words “two months’ basic pay of an employee”. [F.No.PR-12016/5/2010-PE-I] N. MURUGANANDAM,Jt. Secy. FootNote:– Chennai Port Trust Employees’ (Conduct) Regulations, 1987 approved by Central Government and published in the Gazette of India vide MOST’s Notification No.G.S.R.450 (E), dated 4th May 1987 and subsequently amendments made vide MOST’s Notification No.G.S.R.810 (E), dated 24-9-1990, MOST’s Notification No. GSR 746(E), dated 25-09-2000 and MOS Notification No. GSR 554 (E), dated 07-07-2011. Administrative Office, CYRIL C. GEORGE Rajaji Salai, Chairman (i/c), Chennai–600 001. Chennai Port Trust. 08-07-2016. PRINTED AND PUBLISHED BYTHE DIRECTOROF STATIONERY AND PRINTING,CHENNAI ON BEHALF OF THE GOVERNMENT OF TAMIL NADU

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