Relinquishment of Salaries and allowances and cancellation thereof

(1) Any person entitled to any salary or allowance under this Act may relinquish the whole or any portion thereof,- A person drawing his service pension, political pension or grant, mansab, charitable grant or commutation sum or compensation in respect of a jagir, inam or other grant. Explanation:- In this Schedule,-(i) „committee‟ means any committee, commission, council, board or any other body of one or more persons, whether statutory or not, set up by the Central Government or any State Government;(ii) „compensatory allowance‟ means such sum of money as the Central Government or the State Government concerned, as the case may be, may determine as being payable to the chairman or any other member of a committee by way of travelling allowance, daily allowance, conveyance allowance or house rent allowance for the purpose of enabling the chairman or other member to recoup any expenditure incurred by him in attending any meeting of a committee or performing any other function as a member of that committee;(iii) „controlled business‟ shall have the meaning as in clause (2) of section 2 of the Life Insurance (Emergency Provisions) Act, 1956 (Central Act IX of 1956);(iv) „statutory body‟ means any corporation, board, company, society or any other body of one or more persons, whether incorporated or not, established, registered or formed by or under any Central Act or the law of any State for the time being in force or exercising powers and functions under any such Act or law.