Section 22 - Term of office : Foreign Exchange Management Act 1999

What is the Term of office? Section 22 of FEMA Act 1999

 

 

 

Section 22 of Foreign Exchange Management Act 1999 : "Term of office"

22. The Chairperson and every other Member shall hold office as such for a term of five years from the date on which he enters upon his office :

Provided that no Chairperson or other Member shall hold office as such after he has attained,-

(a) in the case of the Chairperson, the age of sixty-five years;

(b) in the case of any other Member, the age of sixty-two years.