Amendment status not verified — confirm the current text below against the official source.
(1) (a) The Government shall constitute a selection committee, as often as may be required to select persons for appointment as members. The selection committee shall consist of the following members: - (i) A Judge of High Court or a former Judge of High Court – Chairperson (ii) Chief Secretary of the Government – Member 5 (iii) The Chairman of Central Electricity Regulatory Commission Member (b) The Secretary in charge of the Department of Power of the Government shall act as the convenor of the selection committee. (2) The selection committee shall finalise the selection within a period of one month from the date on which the reference is made to it. (3) The selection committee shall recommend a panel of two names for every vacancy referred to it. (4) All decisions of the selection committee shall be by majority. (5) The Government shall appoint the member from the two names recommended by the selection committee. (6) The method and manner of selection and appointment of members and designation of one of the members as Chairperson shall be as prescribed by the Government from time to time by the rules. 5(1) The persons who are considered for appointment as members of the Commission shall notify to the convenor of the selection committee – (a) of any office, employment or consultancy agreement or arrangement which he has in his own name or in any firm, association or person or body corporate, or in the names of any relatives, carrying on any of the following businesses:- (i) generation, transmission, distribution or supply of electricity; (ii) manufacture, sale or supply of any fuel for generation of electricity; (iii) manufacture, sale, lease, hire or otherwise supply of, or dealing in, machinery,plant, equipment, apparatus or fittings for generation, transmission, distribution supply or use of electricity; and (iv) any entity providing professional services to any of the businesses referred to in sub- clauses (i), (ii) and (iii) above and any other business which is notified by the Government on a later date taking into consideration the scope of work of the Commission; (b) such other details and information as may be prescribed in the rules. Explanation:- For the purpose of this sub-section, the term “relative” shall have the same meaning as defined under section 6 of the Companies Act, 1956. (2) The details received from the persons shall be placed for consideration of the selection committee at the time of the selection and recommendation of the person for appointment as member. (3) Each member of the Commission shall, before taking charge of the office as member or within such time not exceeding three months after taking charge as may be allowed by the Government on the recommendation of the selection committee, divest himself from the interest in the businesses mentioned in sub-section (1) as a condition of his appointment. 6 (4) If a person to be appointed as a member of the Commission holds any office under the Government of India or the Government of any State or the Government of any Union territory he shall submit his resignation or take voluntary retirement from that service and shall not seek reappointment in the service of the Government or any Government, corporation or private body, dealing with the power sector for a period of two years after he ceases to be member of the Commission. (5) So long as the person holds the office of the member and for a period of two years after he ceases to be a member for any reason whatsoever, he shall not acquire, hold or maintain, directly or indirectly, any office, employment or consultancy arrangement or interest in businesses mentioned in sub-section (1) and if he acquires any such interest involuntarily or by way of succession or testamentary disposition, he will divest himself of such interest within a period of three months of such interest being acquired. (6) Before recommending any person as a member of the Commission, the selection committee shall satisfy itself that the person does not have any financial or other interest as referred to in sub-section (1) or otherwise which is likely to affect prejudicially his functions as a member. (7) A person shall be disqualified from being appointed as member of the Commission if he is a member of Parliament or of the Legislative Assembly of any State or of the Legislative Assembly of any Union Territory or of any local authority or holds any post in a political party.