Section 15O: Salary and allowances and other terms and conditions of service of Presiding Officers.

The Securities and Exchange Board of India Act, 1992Central Act · Act 15 of 1992

[15-O. Salary and allowances and other terms and conditions of service of Presiding Officers.-- The salary and allowances payable to, and the other terms and conditions of service (including pension, gratuity and other retirement benefits) of, the [Presiding Officer and other Members of a Securities Appellate Tribunal] shall be such as may be prescribed:

Provided that neither the salary and allowances nor the other terms and conditions of services of the [Presiding Officer and other Members of a Securities Appellate Tribunal] shall be varied to their disadvantage after appointment.]

Where this provision sits

Act	The Securities and Exchange Board of India Act, 1992
Section	15O
Marginal note	Salary and allowances and other terms and conditions of service of Presiding Officers.
Jurisdiction	Central
Status	In 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 9 of 1995. . Ins. by Act 9 of 1995, s. 9 (w.e.f. 25-1-1995).
substituted, Act 59 of 2002. . Subs. by Act 59 of 2002, s. 22, for "Presiding Officer of a Securities Appellate Tribunal" (w.e.f. 29-10-2002).
substituted. . Subs. by s. 22, ibid., for "said Presiding Officers" (w.e.f. 29-10-2002).

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