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Section 10: Term of office of director.

The Regional Rural Banks Act, 1976Central Act · Act 21 of 1976

[10. Term of office of director.--A director nominated under clause (a) of sub-section (1) of section 9 shall hold office during the pleasure of the Central Government and for such term, not exceeding three years, from the date on which he assumes his office, as the Central Government may specify at the time of his nomination and shall be eligible for renomination:

Provided that no such director shall hold office either continuously or intermittently for a period exceeding six years.]

Where this provision sits

ActThe Regional Rural Banks Act, 1976
Section10
Marginal noteTerm of office of director.
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.

  • substituted. . Subs. by s. 6, ibid., for section 10 (w.e.f. 4-2-2016).

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