Section 8:
Fees and allowances of directors and members of Committees.
The directors and the members
of a Committee shall be paid such fees and allowances as may be prescribed for attending the meetings of
the Board or of any Committee constituted in pursuance of this Act and for attending to any other work of
the Exim Bank:/hrt1
Provided that no fees shall be payable to the chairman, if he is appointed as a whole-time chairman,
or to the managing director 1
[or the whole-time director] or to any other director or member who is an
official of the Government, the Reserve Bank or the Development Bank.
Notes:
1. Ins. by Act 11 of 2012, s. 4 (w.e.f. 1-2-2012).