Foreign Exchange Management Act,1999

Act No : 42

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Section : Term of Office.

22. Term of office.-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.

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