Section 21A: Term of office of members of Local Board.
The State Bank of India Act, 1955Central Act · Act 23 of 1955
[21A. Term of office of members of Local Board.--[(1) Subject to the provisions contained in this section and in sub-section (2) of section 21, a member of a Local Board--
(a) nominated under clause (c) of sub-section (1) of section 21 shall hold office for such term, not exceeding three years, as the Central Government may specify in this behalf ***;
(b) elected under clause (d) of sub-section (1) of section 21 shall hold office for three years and ***,
and shall be eligible for re-nomination or re-election, as the case may be:
Provided that no such director shall hold office continuously for a period exceeding six years.]
* * * * *
(3) A director of the Central Board becoming a member of a Local Board by virtue of the provisions of clause (b) of sub-section (1) of section 21 shall cease to hold office as such member on his ceasing to be a director or on his ceasing to be ordinarily resident in the relevant area.
(4) The president and the vice-president of a Local Board shall each hold office for two years or the remaining period of his office as a member of the Local Board, whichever is shorter, and shall be eligible for re-appointment so long as he is a member of the Local Board.
[(5) A member of a Local Board nominated under clause (c) of sub-section (1) of section 21 shall hold office during the pleasure of the Central Government.]
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 35 of 1964. . Ins. by Act 35 of 1964, s. 6 (w.e.f. 1-12-1964).
substituted, Act 66 of 1988. . Subs. by Act 66 of 1988, s. 13, for sub-section (1) (w.e.f. 15-10-1993).
omitted, Act 45 of 2006. . The words ''and thereafter until his successor has been duly nominated'' omitted by Act 45 of 2006, s. 15 (w.e.f. 16-10-2006).
omitted, Act 45 of 2006. . The words ''and thereafter until his successor has been duly nominated'' omitted by Act 45 of 2006, s. 15 (w.e.f. 16-10-2006).
omitted, Act 3 of 1994. . Omitted by Act 3 of 1994, s. 11 (w.e.f. 15-10-1993).
inserted, Act 66 of 1988. . Ins. by Act 66 of 1988, s. 13 (w.e.f. 8-7-1992).
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