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Section 23 - Terms and conditions of service : Foreign Exchange Management Act 1999

What are the Terms and conditions of service? Section 23 of FEMA Act 1999




Section 23 of Foreign Exchange Management Act 1999 : "Terms and conditions of service"

23. The salary and allowances payable to and the other terms and conditions of service of the Chairperson, other Members and the Special Director (Appeals) shall be such as may be prescribed :

Provided that neither the salary and allowances nor the other terms and conditions of service of the Chairperson or a Member shall be varied to his disadvantage after appointment.


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