Sick Industrial Companies (Special Provisions) Act, 1985
5. Leave
(1) Person, on
appointment in the Board as Chairman or a member shall be entitled to have leave
as follows:
(i) Earned
leave at the rate of thirty days for every completed calendar year of service or
a part thereof.
PROVIDED
that the leave account shall be credited with earned leave in advance, in two
installments of fifteen days each on the first day of January and July of every
calendar year:
PROVIDED FURTHER that the
earned leave at the credit at the close of previous half year shall be carried
forward to next half year, subject to the condition that the leave so carried
forward plus credit for the half year do not exceed the maximum limit of one
hundred and eighty days:
(ii) Half pay
leave on medical certificate or on private affairs at the rate of twenty days in
respect of each completed year of service and the leave salary for half pay
leave shall be equivalent to half of the leave salary admissible during the
earned leave;
(iii) Leave on
half pay may be commuted to full pay leave at the discretion of the Chairman or
a member, provided it is taken on medical grounds and is supported by a medical
certificate by a competent medical authority ;
(iv)
Extraordinary leave without pay and allowances up to a maximum period of one
hundred and eighty days is one term of office.