Declaration of movable & immovable Assets

(1) Every public servant shall make a declaration of his assets and liabilities in the manner as may be prescribed. (2) A public servant shall, within a period of thirty days from the date on which he makes and subscribes an oath or affirmation to enter upon his office, furnish to the competent authority the information relating to— (a) the assets of which he, his spouse and his dependants are, jointly or severally, owners or beneficiaries; (b) his liabilities and that of his spouse and his dependants. (3) A public servant holding his office as such, at the time of the commencement of this Act, shall furnish information relating to such assets and liabilities, as referred to in sub-section (2), to the competent authority within six months of the coming into force of this Act. (4) Every public servant shall file with the competent authority, on or before the 31st July of every year, an annual return of such assets and liabilities, as referred to in sub-section (2), as on the 31st March of that year. (5) The information under sub-section (2) or sub-section (3) and annual return under sub-section (4) shall be furnished to the competent authority in such form and in such manner as may be prescribed. (6) The competent authority in respect of each Department shall ensure that all such statements are published on the website of such Department by 31st August of that year. Explanation.—For the purposes of this section, “dependants” means sons, daughters and any other person(s) who have no separate means of earning and are wholly dependant on the public servant for their livelihood.