Regulation 19 - When accrue and payable - Securities And Exchange Board Of India (Employees' Service) Regulations, 2001

When accrue and payable 19. 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 an 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 allowances if he applies therefor.