Rule 17 - Tenure - Prevention of Money Laundering (Appointment And Conditions of Service of Chairperson And Members of Appellate Tribunal) Rules, 2007

17. Tenure (1) Chairperson (a) Where a serving Judge of the Supreme Court or of a High Court is appointed as Chairperson, he shall hold office as Chairperson for a period of five years or till he attains the age of seventy years or sixty-seven years, as the case may be, whichever happens earlier. (b) Where a person not falling under clause (a) is appointed as Chairperson he shall hold office for a period of five years, or till he attains the age of sixty-five years, whichever happens earlier. (c) Notwithstanding anything contained in clause (b), where a person appointed as Chairperson is due to retire on attaining the age of superannuation under the relevant rules applicable to him within a period of one year after completion of the period of five years referred to in that clause, such person shall continue to hold office as Chairperson till the date of his superannuation under the said rules. (2) Member (a) Wherever a retired service/judicial/technical officer is appointed as Member he/she shall hold office for a term of five years or till he/she attains the age of sixty five years, whichever is earlier. (b) Wherever a serving service/judicial/technical officer is appointed as Member he/she shall hold office for a term of five years or till he/she attains the age of sixty five years, whichever is earlier, provided the selected officer shall seek retirement or shall be deemed to have retired from service on entering upon the office in the Tribunal: 1 [ Provided that the tenure of Chairperson and Member of another Tribunal who are holding additional charge of this Tribunal, shall be governed by the Rules applicable to them in Tribunal where they are holding substantive charge: Provided further that the Chairperson or a Member appointed under sub-section (4) of section 28, read with Rule 7, to hold additional charge of the Appellate Tribunal under these rules, shall cease to act as such, when the Chairperson or a Member, as the case may be, has been appointed on full time basis to the Appellate Tribunal established under this Act in accordance with the provisions of rule 4 and rule 5 of these Rules : Provided also that the Chief Justice of India shall be consulted before removal of the Chairperson or a Member who was appointed on the recommendation of the Chief Justice of India. ] ------------------ Notes: 1. Inserted Vide Prevention of Money-Laundaring (Appointment and Condition of Service of Chairperson and Members of Appellate Tribunal) Amendment Rules, 2009, w.e.f. 1-6-2009.