Section 16: Gratuity

the Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992.Central Rules · 1992

The Chairman or a whole-time Member shall not be entitled to gratuity.

17. Encashment of Leave - The Chairman or a whole-time Member shall be entitled to the encashment of leave in accordance with the rule applicable to Group ‘A’ officers of Government of India, subject to a maximum encashment of 240 days, including the leave encashed before superannuation.

Where this provision sits

Act	the Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992.
Section	16
Marginal note	Gratuity
Jurisdiction	Central
Status	In force as published by the source

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