Section 7: Salary and allowances of Chairperson and members.

The Insurance Regulatory and Development Authority Act, 1999Central Act · Act 41 of 1999

(1) The salary and allowances payable to, and other terms and conditions of service of, the members other than part-time members shall be such as may be prescribed.

(2) The part-time members shall receive such allowances as may be prescribed.

(3) The salary, allowances and other conditions of service of a member shall not be varied to his disadvantage after appointment.

Where this provision sits

Act	The Insurance Regulatory and Development Authority Act, 1999
Section	7
Marginal note	Salary and allowances of Chairperson and members.
Jurisdiction	Central
Status	In force as published by the source

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