Section 16 of Gujarat Panchayat Services Rules, 1964
(1) A member of the panchayat service shall not, except with the
previous permission of relevant district panchayat or of the authority as may have been empowered in this behalf by such district panchayat, acquire or dispose of any immovable property by mortgage, purchase, sale or gift in his own or in the name of any member of his family: Provided that this sub-rule shall not apply to the bonafide purchase of property by a member of panchayat service for the purpose of bonafide residence, if the fact of such a purchase has been notified to the immediate superior who sha'l communicate the same to the district panchayat. (2) The district Panchayat, or the authority as may have been empowered in this behalf by such district panchayat, shall ordinarily convey the orders within the period of two months from the date of
application for grant of permission and if no orders are received
within this period, the applicant may complete the transaction by assuming that the permission has been granted; (3) A member of the panchayat service who enters into any transaction concerning any movable property exceeding Rs. 500 invalue whether by way of purchase, sale or otherwise shall forthwith report transaction to the district panchayat: Provided that no member of the panchayat service shall enter into any such transaction exceeding Rs. 1,000 in value except with or through a regular or reputed dealer or agent of standing or with the previous permission of the district panchayat or of the authority empowered by it in this behalf. (4) The district panchayat or the authority as may have been empowered in this behalf by such district panchayat shall ordinarily convey the order within a period of one month from the date of the application and in case no orders are received within this period, the permission may be deemed to have been granted : Explanation-For the purpose of this Rule the expression, "movable property" shall include, (a) Jwellery, insurance policies, share, securities and debentures; (b) motor cars, motor cycles, horses or any other means of conve
yance; and
(c) refrigerators, radios and radiograms. (5) The district panchayat or the authority empowered by it in this behalf may, at any time, by general or special order require any member of the panchayat service or members of any class of the panchayat service to submit within a period specified in the order, a full and complete statement of movable or immovable property held or acquired by him or by any member of his family, and the means by which or the sources from which such property was acquired, and may further require the submission of a yearly return in such form as the district panchayat or the said authority may specify