SEBI (Terms and Conditions of Service of Chairman and Members) Rules, 1992Central Rules · 1992
(1) A part-time Member shall be entitled to receive remuneration by way of a fee of 1[rupees ten thousand] only for each meeting of the Board attended by him.
(2) A part-time Member while on tour (including the journey undertaken to attend a meeting of the Board) shall also be entitled to travelling allowance and daily allowances at the same rates and scale as are applicable to an Additional Secretary to the Government of India.
Power to Relax
20. The Central Government shall have power to relax the provisions of any of these rules with respect to any class or category of persons.
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