Amendment status not verified — confirm the current text below against the official source.
(1) The Chairperson and Members of the Board shall hold office for a period of three years from the date on which they enter upon office which may be extended for a further period not exceeding three years at a time, as may be notified by the Central Government. (2) The Chairperson and Members of the Board holding the office as such immediately before the commencement of this Act shall be deemed to have been appointed under this Act and their terms and conditions of service shall be governed by the provisions of this Act. (3) The Chairperson or the Whole-time Member who was in service of the Central Government, shall be deemed to have retired from service on the date on which he enters upon office as such, but his subsequent service as the Chairperson or Whole-time Member shall be reckoned as continuing approved service counting for pension in service to which he belonged. (4) The Chairperson and Members of the Board shall not-- (a) communicate, during holding of office as such or thereafter or reveal to any person any matter which has been brought under their consideration or knowledge while acting as such; (b) accept, during their term and for a period of two years from the date on which they cease to hold office, any employment with any person who has been granted a licence or safety authorisation under this Act.