(1) With effect from such date as the Central Government may, by notification in the Official Gazette, appoint in this behalf, there shall be constituted a body to be known as the Central Vigilance Commission to exercise the powers conferred upon, and to perform the functions assigned to it under this Ordinance.
(2) The Commission shall consist of—
(a) a Central Vigilance Commissioner— Chairperson;
(b) not more than four Vigilance Commissioners — Members.
(5) The Central Vigilance Commissioner and the Vigilance Commissioners shall be appointed from amongst persons— 25 of 1946.
SEC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 3
(a) who have been or arc in an all-India Service or in any civil service of the Union or in a civil post under the Union having knowledge and experience in the matters relating to vigilance, policy making and administration including police administration; and
(b) who have held office or are holding office in a corporation established by or under any Central Act or a Government company owned or controlled by the Central Government and persons who have expertise and experience in finance including Insurance and banking, law, vigilance and investigations;
Provided that, from amongst the Central Vigilance Commissioner and the Vigilance Commissioners, not more than three persons shall belong to the category of persons referred to either in clause (a) or in clause (b),
(4) The Central Government shall appoint a Secretary to the Commission on such terms and conditions as it deems fit to exercise such powers and discharge such duties as the Commission may by regulations specify in this behalf.
(5) The headquarters of the Commission shall be at New Delhi.