No.E(D&A) 2011 GS 1-3
The General Manager (P),
All Zonal Railways and
Production Units, etc.,
(As Per Standard List).
Sub: Amendment to rule 18 of Railway Services (Conduct) Rules, 1966.
Please acknowledge receipt.
Appendix-I - Railway Services (Conduct) Rules, 1966
Advance Correction Slip No.118
In the Railway Services (Conduct) Rules, 1966, in rule 18:-
1. For sub-rule (3), the following shall be substituted, namely:
"(3) Where a railway servant enters into a transaction in respect of movable property either In his own name or In the name of a member of his family, he shall, within one month from the date of such transaction, report
the same to the Government, if the value of such property exceeds two months’ basic pay of the Railway servant:
Provided that the previous sanction of the Government shall be obtained by the Railway servant if any such transaction is with a person having official dealings with him.”
2. Below sub-rule (5), for clause (a) of Explanation I, the following shall be substituted, namely:
"(a) jewellery, insurance policies the annual premium of which exceeds two months’ basic pay of the railway servant, shares, securities and debentures;”
(Authrity — Railway Board’s letter No.E(D&A) 2011 GS1-3 dated 11.7.2011)