Act Number: 15

Act Name: The Securities and Exchange Board of India Act, 1992

Year: 1992

Enactment Date: 1992-04-04

Long Title: An Act to provide for the establishment of a Board to protect the interests of investors in securities and to promote the development of, and to regulate, the securities market and for matters connected therewith or incidental thereto.

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 15N: Tenure of office of Presiding Officer and other Members of Securities Appellate Tribunal.
        1[15N. Tenure of office of Presiding Office, Judicial or Technical Members of Securities Appellate Tribunal.--The Presiding Officer or every Judicial or Technical Member of the Securities Appellate Tribunal shall hold office for a term of five years from the date on which he enters upon his office, and shall be eligible for reappointment for another term of maximum five years:
         Provided that no Presiding Officer or the Judicial or Technical Member shall hold office after he has attained the age of seventy years.]
Notes:
1. Subs. by Act 7 of 2017, s.148, for section 15N (w.e.f. 26-5-2017).
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