Section 22 - [Omitted] Term of office - Foreign Exchange Management Act, 1999

Term of office. 22. 1 [***] ****************** NOTES:- 1 . Omitted vide Section 165 of the Finance Act, 2017 dated 31-03-2017 w.e.f. 26-05-2017 before it was read as, Term of office. 22. The Chairperson and every other Member shall hold office as such for a term of five years from the date on which he enters upon his office : Provided that no Chairperson or other Member shall hold office as such after he has attained,- (a) in the case of the Chairperson, the age of sixty-five years; (b) in the case of any other Member, the age of sixty-two years.