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State of Odisha - Section

Section 2 in Orissa State Financial Corporation (Staff) Regulations, 1975

2. Application.

(1)These Regulations shall apply to;
(a)Every whole time employee of the Corporation;
(b)Staff employed temporarily or advisers, Officers or other staff recruited on special contracts, unless the contracts contain different provisions.
(2)Nothing in these regulations shall apply to the Managing Director, unless the application of him on all or any of these regulations has been approved by the Orissa State Government.
(3)The Corporation may, with the previous sanction of the State Government and in consultation with the Reserve Bank of India enter into a special agreement or arrangement with an employee with terms and conditions which may vary from the provisions of these Regulations.