(1) Aa soon as may be after the commencement of this Ordinance, the Central Government shall, by notification in the Official Gazette, constitute a Tribunal to be known as the Ravi and Beas Waters Tribunal for the verification and adjudication of the matters referred to in paragraph 9 of the Punjab Settlement,
(2) The Tribunal shall be a single member Tribunal presided over by a person nominated by the Chief Justice of India from amongst persons who at the time of such nomination are Judges of the Supreme Court.
(3) The Tribunal may appoint two or more persons as assessors to advise it in any proceeding before it.
(4) The presiding officer of the Tribunal and the assessors appointed under sub-section (3) shall receive such remuneration, allowances or fees as may be specified by the Central Government.