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[Cites 0, Cited by 0] [Section 3(1)] [Section 3] [Entire Act]

Securities And Exchange Board Of India - Subsection

Section 3(1)(k) in Securities and Exchange Board of India (Employees' Service) Regulations, 2001

(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 pay otherwise than as a disciplinary measure; or
(ii)In exceptional circumstances, on other personal considerations;