Amendment status not verified — confirm the current text below against the official source.
Resignation of Members. A Member of the Market Committee, other than ex-officio Member, may resign from his membership in writing delivered or caused to be delivered to the Chairperson of the Marker Cnmmin'e who shall acknowledge the receipt of same and the seat of such Member shall become vacant on the expiry of fifteen days from the date of acknowledgement of resignation unless within such period such Member withdraws his resignation in writing addressed to the Chairperson.