CHAPTER V  

Conditions of Service of Officers and Employees of the Authority

The pay and allowances, leave, pension and retirement benefits, disciplinary proceedings and impositions of penalty, other conditions of service including age of superannuation and other facilities such as advances of pay, advances for the purchase of conveyances, construction of houses and the like, in respect of officers and employees appointed by the Authority shall, if no provision is made in these regulations, be regulated in accordance with such rules and regulations as are for the time being applicable to officers and employees of the Central Government of the corresponding grades or status stationed at those places:

Provided that the said officers and employees of the Authority who are in service on the date of commencement of these regulations and who are governed by the contributory provident fund scheme of the Authority shall have the option to elect to be governed either by the said pension-cum-gratuity scheme of the Authority or to continue to be governed by the said contributory provident fund scheme within a period of three months from such date: 

Provided further that where any such officer or employee elects to be governed by the pension-cum-gratuity schemes, the amount representing his own contribution shall be credited to his general provident fund account and contributions made by the Authority as well as by the erstwhile Marine Products Export Promotion Council upto the date of his election, together with the interest thereon, shall form part of the funds of the Authority.

No extension of service beyond the age of superannuation shall be granted by the Authority to any of its officers or employees, in cases where exceptional circumstances exist justifying such extension, except with the previous sanction of the Central Government.

The Chairman shall be the controlling officer in respect of his own travelling and daily allowances and of the members, officers and employees of the Authority or of any Committee:

Provided that the Chairman may appoint an officer of the Authority to be the controlling officer in respect of travelling and daily allowances for the employees of the Authority in the rank of Joint Director or below.

The Authority shall not send any member or officer or employee of the Authority to places outside India, without the previous sanction of the Central Government.

Operation of accounts.

All cheques and all orders for making deposits or investments or withdrawal of the same or for the disposal in any other manner of the funds of the Authority shall

(i)

If the cheques or orders are for an amount  exceeding Rs.5,00,000I-, be signed by the  Secretary or in his absence, any other officer nominated by the Chairman and the Chairman, and in the absence of the Chairman, such cheques shall be signed by the Secretary or any other officer nominated by the Chairman.

(ii)

If the cheques or orders are for an amount not exceeding Rs.5,00,000/-, be signed by the Secretary and an officer nominated by the Chairman, and in the absence of the Secretary, such cheques shall be signed by any two officers nominated by the Chairman.

(iii)

In the case of the account operated by the Regional Offices/Centres or the Sub-Regional Offices/Centres of the Authority, the cheques for an amount not exceeding Rs.2,00,000/- be signed by an officer of such office nominated by the Chairman.

Sd/-
(K.    JOSE CYRIAC)
CHAIRMAN

The Marine Products Export Development Authority, Cochin.

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