Act Number: 51

Act Name: The Recovery Of Debts And Bankruptcy Act, 1993

Year: 1993

Enactment Date: 1993-08-27

Long Title: An Act to provide for the establishment of Tribunals for expeditious adjudication and recovery of debts due to banks and financial institutions and for matters connected therewith or incidental thereto.

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 13: Salary and allowances and other terms and conditions of service of Presiding Officers.
    The salary and allowances payable to, and the other terms and conditions of service (including pension, gratuity and other retirement benefits) of, 1[the Presiding Officer] of a Tribunal or the Chairperson of an Appellate Tribunal] shall be such as may be prescribed:
     Provided that neither the salary and allowances nor the other terms and conditions of service of 2[the Presiding Officer of a Tribunal or the Chairperson of an Appellate Tribunal shall be varied to his] disadvantage after appointment.
Notes:
1 Subs. by Act 1 of 2000, s. 2, for "the Presiding Officer of a Tribunal or an Appellate Tribunal" (w.e.f. 17-1-2000).
2 Subs. by s. 6, ibid., for "the said Presiding Officers shall be varied to their" (w.e.f. 17-1-2000).
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