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Section 8: Fees and allowances of directors and members of Committees.

The Export-Import Bank of India Act, 1981Central Act · Act 28 of 1981

The directors and the members of a Committee shall be paid such fees and allowances as may be prescribed for attending the meetings of the Board or of any Committee constituted in pursuance of this Act and for attending to any other work of the Exim Bank:

/hrt1 Provided that no fees shall be payable to the chairman, if he is appointed as a whole-time chairman, or to the managing director [or the whole-time director] or to any other director or member who is an official of the Government, the Reserve Bank or the Development Bank.

Where this provision sits

ActThe Export-Import Bank of India Act, 1981
Section8
Marginal noteFees and allowances of directors and members of Committees.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 11 of 2012. . Ins. by Act 11 of 2012, s. 4 (w.e.f. 1-2-2012).

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