The Board of Control for Cricket in India has framed a 13-point code of conduct for all levels of selectors. It comes into effect from the 2004-05 season.
BCCI sources said the much-talked about code was drawn up last week.
The issue of national selectors adhering to a code of conduct was discussed at the BCCI working committee meeting in Kolkata on August 16.
Players and officials accompanying the team on tours follow a code of conduct, but selectors so far were not formally bound by any restriction.
The question of framing a dos-and-don'ts list for selectors came up because often selectors have been seen to make comments on the team's performance that might have had an adverse effect on the players.
Senior selection committee chairman Syed Kirmani's observations on the Indian team's loss to Sri Lanka in the final of Asia Cup kicked up a controversy.
Kirmani reportedly ticked off captain Sourav Ganguly for the defeat. India has been repeatedly faltering in finals after displaying supremacy in the initial stages.
BCCI sources said the code stipulates that selectors have to, within 48 hours, report to the Board secretary or president any attempt by a player or official to influence them for selection.
If selectors are approached by bookies, they have to report the matter within 48 hours to the Board.
Selectors will not be allowed to write columns or do radio-television commentary during their tenure.
Among the other salient points is that a selector cannot request for a benefit match so long as he holds the post.