The India International Arbitration Centre Act, 2019
Chapter-II Establishment and Incorporation of 1[India International Arbitration Centre]
Section 6: Terms and conditions, etc., of Chairperson and Members.
6. (1) The Chairperson and Members shall hold office for a term of three years from the date on which they enter upon their office and shall be eligible for re-appointment:
Provided that no Chairperson or Member shall hold office as such after he has attained the age of seventy years in the case of Chairperson and sixty-seven years in the case of a Member.
(2) The terms and conditions, salaries and allowances payable to the Chairperson and Full-time Member shall be such as may be prescribed.
(3) The term of office of a Member appointed to fill a casual vacancy shall be for the remainder of the term of the Member in whose place he has been appointed.
(4) The Part-time Member shall be entitled to such travelling and other allowances as may be prescribed.
Reference
1. Substituted by the New Delhi International Arbitration Centre (Amendment) Act, 2022, w.e.f. 27.01.2023 vide Notification No. S.O. 441(E) dated 27.01.2023, for the words “New Delhi International Arbitration Centre“.
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