No.2/14/86-4T(1)/7663 GOVERNMENT OF PUNJAB DEPARTMENT OF TRANSPORT (Transport-I Branch) IMMEDIATE OUT TODAY D… — The Road Transport Corporation Act, 1950

No.2/14/86-4T(1)/7663 GOVERNMENT OF PUNJAB DEPARTMENT OF TRANSPORT (Transport-I Branch) IMMEDIATE OUT TODAY Dated, Chandigarh, the 14 June, 1992 OFFICE MEMO SuB: Grant of pensionary benefits to the employees of PEPSU ROAD TRANSPORT CORPORATION. Please refer to your memo. No. PRTC/HO/CPF/12 dated 12.6.1992 on subject noted above. Draft regulations framed by the Pepsu Road Transport Corporation, Patiala, under section 45 of Pepsu Road Transport Corporation Act, 1950, in consonance with the Government sanction issued vide no.2/14/86-4T(1)/4146 dated 2.4.1992 are approved. Compliance report be sent to Government immediately. A copy of these regulations is enclosed. sa/(K.K Bhatnagar) Secretary to Govt. Punjab To The Managing Director P.R.T.C. Patiala. :: PEPSU ROAD TRANSPORT CORPORATION PATIALA:: No. 5668/PRTC/Funds. Dated.15.06.1992 To The General Manager Pepsu Road Transport Corporation, Patiala-I, Patiala-II, Bathinda-I, Bathinda-II, Faridkot, Budhlada, Barnala, Sangrur, Kapurthala, Ludhiana and Chandigarh. In exercise of the powers conferred by section 45 of the Road Transport Corporations Act,1950, the PEPSU ROAD TRANSPORT CORPORATION, PATIALA, with the previous sanctions of the State Government makes the following Regulations for the grant of retirement benefits to the employees of the PEPSU ROAD TRANSPORATION CORPORATION, namelyREGULATIONS Chapter-1 Short title and commencement: These Regulations shall be called the PEPSU ROAD TRANSPORT CORPORATION Employees Pension/Gratuity and General Provident Fund Regulation ,1992, hereafter called as 'Regulations'. (i) These shall come into force with immediate effect i.e. 15.06.1992, the date of issue. Definitions: In these Regulations unless there is anything repugnant in the subject or context:- Average emoluments: The term e