(1) The Atomic Energy Regulatory Board constituted by exercising the power under section 27 of the Atomic Energy Act, 1962 shall be deemed to have been constituted under this Act.
(2) The Board shall consist of a Chairperson, a Whole-time Member and Part-time Members not exceeding seven, to be appointed by the Central Government, by notification, to exercise the powers conferred upon, and to perform the functions assigned to it under this Act.
(3) The Chairperson and Members of the Board shall be appointed from amongst persons of ability, integrity and standing and their qualifications, experience and other terms and conditions of service including age limit, shall be such as may be prescribed:
Provided that the Chairperson and a Whole-time Member of the Board shall be a person of eminence in the field of nuclear energy.
(4) The Chairperson and Members of the Board shall be appointed by the Central Government on the recommendations of a search-cum-selection committee to be constituted by the Atomic Energy Commission:
Provided that the search-cum-selection committee constituted for selection of the Members of the Board shall include the Chairperson of the Board as one of its Members.
(5) The procedure to be followed by the search-cum-selection committee for recommending the names under sub-section (3) shall be such as may be prescribed.
(6) The Chairperson shall have such financial and administrative powers as may be notified by the Central Government for the autonomous functioning of the Board.