TMI BlogDefinitionsX X X X Extracts X X X X X X X X Extracts X X X X ..... ompensatory allowance means an allowance granted to meet expenditure necessitated by the special circumstances in which the duty is performed. (e) Competent Authority means, (i) 3 [ In the case of officers, the Chairman ] , which expression shall also include whole- time member of the Board or Executive Director, in regard to any matter or power to be dealt with or exercisable by the Chairman under these Regulations, but which are delegated to him. (ii) In the case of all other employees, concerned ) Executive Director, which expression shall also include, any officer lower in rank, in regard to any matter or power to be dealt with or exercised by the Executive Director under these Regulations, but which are delegated to him. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to the employee or to his spouse and wholly dependent upon such employee. (i) leave pay means the monthly pay which the employee would have drawn while on duty but for proceeding on leave. (j) Pay means the amount drawn by an employee as- (i) Pay which had been sanctioned for a post held by him substantively or in an officiating capacity, or to which he is entitled by reason of his position in a cadre; (ii) Special pay and personal pay; (iii) Any other amount which may be specially classified as pay by the Board; (k) Personal pay means an additional pay granted to an employee- (i) To save him for a loss of substantive pay in respect of a permanent post due to a revision of pay or to any reduction of such substantive ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (15 of 1992), the regulations made thereunder and Securities Contracts (Regulation) Act, 1956 (42 of 1956) shall have the meanings respectively assigned to them in those Acts unless otherwise provided in these Regulations. (3) For the purposes of these regulations, 4 [ words importing the masculine gender shall be taken to include females and transgender persons ] wherever the context warrants and singular will also include plural. ********** 1 Inserted by the SEBI (Employees' Service) (Second Amendment) Regulations, 2018, w.e.f. 1.6.2018 2 Inserted ibid. 3. Substituted vide Notification No. SEBI/LAD-NRO/GN/2022/111 dated 30-12-2022 before it was read as, The Chairman in the case of officers 4. Substituted ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
