~~. ~ ("Q;f)-04/0007/2003--05 REGISTERED No. DL(N)-04/0007/2003-05

dl,'.ltk<z (6a'1et'Q of 3ndia

flICijlf~Cfi/WEEKLY

~~ 1tCf)I~ld

PUBLISHED BY AUTHORITY

~. 42JNo. 42] NEW DELHI, SATURDAY, OCTOBER I~CTOBER 24, 2014 (ASVINA 26,1936)

~ ~ 1l f~ ~~ ~ ~ ~~ %~ 3ffilT ~~~'1 ~ ~ ll"OO \ijl ~

(Separate paging is given to this Part in order that it may be filed as a separate compilation)

~I11-~4[PART Ill-SECTION 4J

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[Miscellaneous Notifications including Notifications, Orders, Advertisements and Notices issued byStatutory Bodies]

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7026 THE GAZETTE OF INDIA, OCTOBER 18,2014 (ASVINA 26,1936) [PART Ill-SEC. 4

RESERVE BANK OF INDIA

Bombai-40000 1, the 21st July 2014

RPCD.RCB.BC.No. 15/07.51.020/2014-15-ln exercise of the powers conferred by sub-section (2A) of section 24of the Banking Regulation Act, 1949 (10 of 1949) read with section 56 thereof, the Reserve Bank of India specifies that theinvestments referred to in para 2 of the notification RPCD. RCB.BC. No. 109/07.51.020/2013-14 dated June 5, 2014 shall bedeemed to be assets for the purpose of calculating the percentage of SLR specified in the said Notification, till March 31,2017, SLR on incremental NDTL over the level as on July 25, 2014 shall be maintained by StCBs/CCBs in the form ofapproved securities. SLR investments on NDTL as on July 25, 2014 shall be phased out as per the transition path specified inthe circular RPCD. RCB. BC. No. 16/07.51.2020/2014-15 dated July 21, 2014.

DEEPALIPANTJOSHIExecutive Director

Mumbai-400001, the 4th August 2014

UBD.CO.BPD.I 1 116.05.0001 2014-15-ln pursuance of clause (b) of sub-section (6) of Section 42 of the ReserveBank of India Act, 1934 (2 of 1934) the Reserve Bank of India hereby directs the exclusion from the Second Schedule to thesaid Act of the following.

"The Vasavi Co-operative Urban Bank Ltd., Hyderabad"

N.S.VISHWANATHANExecutive Director

The 5th August 2014

No. UBD.BPD(PCB). Not.lI/16.26.000/2014-15-In exercise of the powers conferred by sub-section (2A) ofsection 24 of the Banking Regulation Act, 1949 (10 of 1949) read with section 56 thereof, and, in partial modification of theNotification UBD.BPD.(PCB).Not. No.2116.26.000/2013-14 dated June 5,.1014, the Reserve Bank hereby specifies that witheffect from the fortnight beginning August 9, 2014, every primary (urban) co-operative bank shall maintain in India assets asdetailed in the said Notification, the value of which shall not at the close of business on any day be less than 22.0 per cent ofthe net demand and time liabilities in India as on the last Friday of the second preceding fortnight.

N.S. VISHWANATHANExecutive Director

FOREIGN EXCHANGE DEPARTMENT

Mumbai-400001, the 10th June 2014

No. FED.IIED(GP)-2014--The Reserve Bank of India having considered necessary in public interest and toregulate the financial system of the country to its advantage, in exercise of its powers conferred by section 45W of theReserve Bank of India Act, 1934 and of all the powers enabling it in this behalf, hereby gives the following directions to allthe persons dealing in currency futures.

I. Short title and commencement of the directions

These direction may be called the Currency Futures (Reserve Bank) Amendment Directions, 2014 and they shallcome into force with effect from 10 June, 2014.

2. Amendment to Currency Futures (Reserve Bank) Directions, 2008

(i) In para. 3 for sub-para (ii), the following shall be substituted, namely:

"Persons resident in India, as defined in section 2(v) of Foreign Exchange Management Act, 1999 (Act 42 of 1999)may purchase or sell currency futures to hedge an exposure to foreign exchange rate risk or otherwise."

(ii) In para. 3, after sub-para (ii), the following new sub-para shall be added, namely:

"(iii) Persons resident outside India, as defined in section 2 (w) of Foreign Exchange Management Act, 1999 (Act42 of 1999), who are eligible to invest in securities as laid down in Schedules 2, 5, 7, and 8, of Foreign ExchangeManagement (Transfer or Issue of Security by a person resident outside India) Regulations, 2000 [(FEMA 20/2000-RB dated May 3, 2000 (GSR 406 (E) dated May 3, 2000)] as amended from time to time, may purchase or sellcurrency futures to hedge an exposure to foreign exchange rate risk or otherwise, subject to such conditions asReserve Bank of India may stipulate.

PART IIJ-SEC. 4] THE GAZETTE OF INDIA, OCTOBER 18,2014 (ASVINA 26,1936) 7027

(iii) In para. 5, for sub-para (i), the following shall be substituted:

"(i) No person other than as mentioned in paragraphs 3(ii) and 3(iii) of these Directions shall participate in thecurrency futures market."

G. PADMANABHANExecutive Director

EXCHANGE TRADED CURRENCY OPTIONS (RESERVE BANK) (AMENDMENT) DIRECTIONS, 2014

No. FED.2/ED(GP)-2014-The Reserve Bank of India having considered necessary in public interest and toregulate the financial system of the country to its advantage, in exercise of its powers conferred by section 45W of theReserve Bank ofIndia Act, 1934 and of all the powers enabling it in this behalf, hereby gives the following directions to allthe persons dealing in exchange traded currency options.

I. Short title and commencement of the directions

These directions may be called the Exchange Traded Currency Options (Reserve Bank) Amendment Directions,2014 and they shall come into force with effect from June 10, 2014.

2. Amendment to the Exchange Traded CurrencyOptions (Reserve Bank) Directions, 20 I0

(i) In para 3, for sub-para (ii), the following shall be substituted, namely:

"Persons resident in India, as defined in section 2(v) of Foreign Exchange Management Act, 1999 (Act 42 of 1999)may purchase or sell exchang traded currency options to hedge an exposure to foreign exchange rate risk orotherwise."

(ii) In para. 3, after sub-para (ii), the following new sub-para shall be added, namely:

"(iii) Persons resident outside India, as defined in section 2 (w) of Foreign Exchange Management Act, 1999 (Act42 of 1999), who are eligible to invest in securities as laid down in Schedules 2, 5, 7 and 8 of Foreign ExchangeManagement (Transfer or Issue of Security by.a person resident outside India) Regulations, 2000 [(FEMA 20/2000-RB dated May 3, 2000 (GSR 406 (E) dated May 3, 2000)] as amended from time to time, may purchase or sellexchange traded currency options to hedge foreign exchange rate risk or otherwise, subject to such conditions asReserve Bank of India may stipulate.

(iii) In Para. 5, for sub-para (i), the following shall be substituted:

"(i) No person other than as mentioned in sub-paragraphs (ii) and (iii) of paragraph 3 of these Directions shallparticipate in the exchange traded currency options market."

G. PADMANABHANExecutive Director

SECRETARY'S DEPARTMENT

Mumbai- 40000 I

Amendments to Regulation 10 (i) of the Reserve Bank of India

General Regulations, 1949

In exercise of the powers conferred by Section 58 of the Reserve Bank of India Act, 1934 (2 of 1934), the CentralBoard of the Reserve Bank of India, with the sanction of the Central Government, hereby makes the amendment to theReserve Bank of India General Regulations, 1949, namely,

I. (I) These Regulations may be called as the Reserve Bank of India General (Amendment) Regulations, 2014.(2) These Regulations shall come into force on their publication in the Official Gazette.

2. In the Reserve Bank of India General Regulations, 1949, for the existing Sub-Regulation (i) of Regulation 10 thefollowing shall be substituted:

10 (i) A committee which shall be called the Committee of the Central Board, consisting of the members ofthe Central Board who may at the time be present in the area in which the meeting is held, shall ordinarilymeet once a fortnight or at such earlier intervals as the Central Board may from time to time decide at theoffice of the Bank or any other place in the area in which the Governor, or in his absence the DeputyGovernor authorised by him under the proviso to Sub-section (3) of Section 8 of the Act, has hisheadquarters for the time being, to attend to the current business of the Bank. Sufficient notice shall begiven to such Directors to enable them to attend.

DEEPAK MOHANTYExecutive Director

7028 THE GAZETTE OF INDIA, OCTOBER 18,2014 (ASVINA 26, 1936) [PART III...,.-SEC.4

NATIONAL LEGAL SERVICES AUTHORITY

New Delhi, the 6th August 2014

No.Ll61110INALSA.----In exercise of the powers conferred by.section 29 read with section 4 of the Legal ServicesAuthorities Act, 1987 (39 of 1987), the Central Authority hereby makes the following regulations to amend the NationalLegal Services Authority (Free and Competent Legal Services) Regulations, 2010, namely: -

I. (1) These regulations may be called the National Legal Services Authority (Free and Competent Legal Services)Amendment Regulations, 2014.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the National Legal Services Authority (Free and Competent Legal Services) Regulations, 2010, proviso to sub-regulation (2) of regulation 15 shall be omitted.

ASHAMENONMember Secretary

Note: The principal regulations were published in the Gazette of India Extraordinary, Part-Ill, Section 4, videnotification No.Ll6 1/1OINALSA, dated the 9th September, 2010.

CENTRAL UNIVERSITY OF RAJASTHAN

RAJASTHAN

AMENDMENT TO THE EXISTING STATUTE 11

EXECUTIVE COUNCIL: MEMBERS AND QUORUM

As Existing After amendment

11. Five members of 11 (1) The constitution of the Executive Council shall be as follows:

the Executive Council

shall form quorum for

a meeting of the

Executive Council

(i)

(ii)

(iii)

Vice-Chancellor;

Secretary, Dept. of Higher Education, MHRD, Gol or hislher nominee;

Chairman, UGC or his/her nominee;

(iv) Principal Secretary, Higher Education of the State Government or hislhernominee not below the rank of Secretary preferably dealing with mattersrelating to Higher Education;

- , (v) Pro- Vice-Chancellor; if any

(vi) Four members from among Deans of Schools of Studies, by rotationaccording to seniority, to be appointed by the Vice-Chancellor;

(vii) One Professor who is not a Dean by rotation according to seniority, to beappointed by the Vice-Chancellor;

(viii) One Associate Professor, by rotation according to seniority, to beappointed by the Vice-Chancellor;

(ix) One Assistant Professor, by rotation according to seniority, to beappointed by the Vice-Chancellor;

(x) Two of the elected members of the Court, none of whom shall be an employeeor a student of the University or an institution recognized by orassociated with the University, to be nominated by the Visitor; "and

(xi) Four persons of distinction in academic and public life, to be nominatedby the Visitor.

(2) All the members of the Executive Council, other than the Vice-Chancellor and Pro- Vice-Chancellor, shall hold office for a term of threeyears.

(3) Half of the total members" of the Executive Council, includirig twooutsider members, excluding the Chairman, shall form the quorum for themeeting of the Executive Council.

PART Ill-SEC. 4] THE GAZETTE OF INDIA, OCTOBER 18,2014 (ASVINA 26,1936) 7029

AMENDMENT TO THE EXISTING STATUTE 13ACADEMIC COUNCIL: MEMBERS AND QUORUM

As Existing13(1) The Academic Council shall consist of the following members namely:

After amendment13.Nine members ofthe Academic Councilshall form a quorum fora meeting of theAcademic Council.

i. The Vice-Chancellor.ii. The Pro- Vice-Chancellor, ifanyiii. Deans of Schools of Studies.iv. Heads of teaching Departments/Centres.v. 10 Professors (excluding those who are Deans of Schools of Studies

& Heads of the Departments/Centres) on the basis of seniority and rotationto be nominated by Vice Chancellor giving due regard to representation ofdifferent Schools.

vi. Five Associate Professor who is not Head of Teaching Department byrotation according to seniority to be appointed by the Vice-Chancellor.

VII. Three Assistant Professors by rotation according to seniority to beappointed by the Vice-Chancellor.

viii. Six Persons not in the service of the University Co-opted by the AcademicCouncil for their special knowledge in educational progress anddevelopment.

ix. Two of the elected members of the Court, to be nominated by the Visitor.(2) Dean of Students Welfare, Proctor, Controller of Examinations and

Librarian shall be ex-officio members.(3) All members of the Academic Council, other than the ex-officio members, shall

hold office for a term of three years.(4) Half of the total members of the Academic Council, including two outsider

members, excluding the Chairman, shall form the quorum for the meetingof the Academic Council,

AMENDMENT TO THE EXISTING STATUTE 15 (6)Existing After amendment15 (6) (a). The University shall have thefollowing Departments, namely*:-

15 (6). . The University shall have the followingDepartments, namely* :-

I. Department of Mathematics2. Department of Statistics3. Department of English4, Department of Economics5. Department of Business Management6. Department of Chemistry7. Department of Computer Science &

Engineering8. Department of Computational Sciences9. Department of Environmental Science10. Department of Hindi11. Department of Biotechnology12. Department of Physics13. Department of Culture & Media Studies14. Department of Architecture

I. Department of Mathematics2. Department of Statistics3. Department of English4. Department of Economics5. Department of Management6. Department of Chemistry7. Department of Computer Science & Engineering8. Department of Computer Science9. Department of Environmental Science10. Department ofHindi11. Department of Biotechnology12. Department of Physics13. Department of Culture & Media Studies14. Department of Architecture15. Department of Pharmaceutical Chemistry16. Department of Commerce17. Department of Biochemistry18. Department of Microbiology19. Department of Social Work20. Department of Public Policy, Law & Governance21. Department of Foreign Languages22. Departn:ent of Urdu23. Department of Translation~24. Department of Journalism

7030 THE GAZETTE OF INDIA, OCTOBER 18,2014 (ASVINA 26,1936) [PART Ill-SEC. 4

Existing After amendment25. Department of Communication & Broadcasting26. Department of Theatre and Performing Arts27. Department of Film Studies28. Department of South Asian Studies29. Department of European Studies30. Department of Middle Asian Studies31. Department of American Studies32. Department of International Politics Studies33. Department of International Relation Studies34. Department of History35. Department of Psychology36. Department of Social Systems37. Department of Anthropology38. Department of Legal Jurisprudence Studies39. Department of Human Rights studies40. Department of Environment Law41. Department of Education42. Department of Adult Education43. Department of Non-Formal Education44. Department of Nanosciences45. Department of Molecular Biology46. Department ofBio Informatics47, Department of Botany48. Department of Zoology.49. Department of Genetics50. Department of Geology51. Department of Geography·52. Department of Geochemistry and Geophysics53. Department of Geoinformatics54. Department of Ecological Studies55. Department of Artificial Intelligence56. Department of Civil Engineering57. Department of Chemical Engineering58. Department of Mechanical Engineering59. Department of Electronic Engineering60. Department of Communication Engineering61. Department of Bio Engineering62. Department of Bio Medical Engineering

NEW STATUTE 40

APPOINTMENT OF HEADS OF DEPARTMENTS

(Section 27(2) of the University Act)

40 (a) Each Department shall have a 'Head who shall be appointed by the Vice-Chancellor from amongst the Professors ofthe Department on the basis of rotation in order of the seniority.

Provided that if a Department has only one Professor, the Head of the Department shall be appointed from amongstthe Professor and the senior most Associate Professor by rotation in the order of seniority.

Provided further that if a Department has no Professor, the Head ofthe Department shall be appointed from amongstthe Associate Professors on the basis of rotation in order of seniority.

Provided further that if there is no Professor or an Associate Professor, in a Department, the Dean of the Schoolconcerned shall act as the Head of that Department.

PARTIII-SEC. 4] THE GAZETTE OF INDIA, OCTOBER 18,2014 (ASVINA 26,1936) 7031

(b) A Professor or Associate Professor may decline the offer of appointment as the Head of the Department, in whichcase, the offer of appointment as Heads hall be made to the next eligible person in order of seniority.

(c) A Head of Department may resign his office at any time during his / her tenure of office, in which case, the offer ofappointment as Head shall be made to the next eligible person in order of seniority.

(d) If a person, declines the offer of appointment as Head of the Department and/or resign his office at any time duringhis/her tenure of office, he/she shall not be considered for appointment as Head in the Department, till his turn ofappointment comes again in order of the seniority.

(e) A person appointed as the Head of the Department shall hold office as such for a period of three years.

(f) The Head of a Department shall perform such functions as may be prescribed by the Ordinances.

NEW STATUTE 41

CONSTITUTION OF PLANNING AND MONITORING BOARD

(Under Section 27(2) of the University Act}

1. There shall be constituted a Planning & Monitoring Board of the University which shall advise generally on theplanning and development actions of the University and to monitor and to review the standard of education andresearch in the University.

2. The constitution of the Planning & Monitoring Board and manner of appointment of members shall be as under:

b.

Vice Chancellor.

Pro Vice chancellor

Chairmana.

Member

d.

Two Deans of Schools by seniority on the basis of rotation.

Six experts to be nominated from among the personswho have special interest in education process anddevelopment and are of high academic standards. Ofwhich, four shall be nominated by the ExecutiveCouncil and two by the Vice Chancellor.

The Finance Officer

Memberc.

Member

f. The Registrar

Special Invitee

Secretary

e.

Six members of the Planning and Monitoring Board shall form a quorum for a meeting of the Planning and MonitoringBoard.

3. The tenure of members shall be three years.

4. The Board shall meet at least twice in a year.

5. The powers and functions of the Planning & Monitoring Board shall be such as may be prescribed by the Ordinance.

NEW STATUTE 42

INCLUSION OF SCHOOL BOARD AS AUTHORITY OF THE UNIVERSITY

(Under Section 19(6),25 & 26 (a) of the University Act)

The School Board shall be included as an Authority of the University.

NEW STATUTE 43

DEAN OF STUDENTS' WELFARE

(Section 27(2) of the Act)

1. Every Dean of Students' Welfare shall be appointed from amongst the teachers of the University, not below the rank ofa Associate Professor by the Executive Council on the recommendation of the Vice-Chancellor.

·2. The Dean appointed under clause (1) shall be a whole-time officer and shall hold office for a term of three years andshall be eligible for re-appointment.

3. Provided that the Executive Council may, if it is considered ne\fessary, appoint, on the recommendation of the Vice-Chancellor, a teacher, not below the rank of a Associate Professor, to discharge the duties of the Dean of Students'

7032 THE GAZETTE OF INDIA, OCTOBER 18,2014 (ASVINA 26,1936) [PART III~SEC. 4

Welfare in addition to his duties as such teacherand in such a case, the Executive Council may sanction a suitable,allowance to be paid to him.

4. A person who is appointed as a Dean of Students' Welfare shall be eligible to all the benefits that would have otherwiseaccrued to him, but for his appointment as the Dean of Students' Welfare.

5. When the office of a Dean of Students' Welfare is vacant or when the Dean of Students' Welfare is, by reason of illnessor absence or any other cause, unable to perform the duties of his office, the duties of the office shall be performed bysuch person as the Vice-Chancellor may appoint for the purpose.

6. The duties and powers of a Dean of Students' Welfare shall be prescribed by the Ordinances.

NEW STATUTE 44

ESTABLISHMENT OF CENTRE FOR DESERT STUDIES

Section 26(k) of the Act

44. "There shall be established a Centre for Desert Studies. The powers and functions of the Centre shall be as prescribedby the Ordinances.

SdI- ILLEGIBLERegistrar

Central University of Rajasthan

Gm. 'Ilffif ~ ~. ~3i"iiit ~ 1¥wmR ~. ~ Gm ~. 2014

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