Bare ActsThe Maharashtra Housing (Regulation and Development) Act, 2012

Section 24

Term of office of Chairperson and other Members of Housing Regulatory Authority.

Amendment status not verified — confirm the current text below against the official source.

( 1 ) The Chairperson and other Members shall hold office for a term not exceeding five years, from the date on which they enter upon their offices or until they attain the age of sixty-five years, whichever is earlier. ( 2 ) The salary and allowances payable to, and the other terms and conditions of services of, the Chairperson and other Members shall be such as may be prescribed. ( 3 ) The salary, allowances and other conditions of services of the Chairperson and other Members shall not be varied to their disadvantage after their appointment. ( 4 ) An employee of the Government on his selection as Chairperson or Member, shall have to retire from service before joining. ( 5 ) The Chairperson or any Member may relinquish his office by giving in writing to the State Government a notice of not less than three months or be removed from his office in accordance with the provisions of section 26. ( 6 ) The Chairperson or any Member, ceasing to hold office as such, shall not accept any commercial employment in the Housing Sector for a period of one year from the date he ceases to hold such office.

Section 24 – The Maharashtra Housing (Regulation and Development) Act, 2012 | DailyLaw.ai