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of <h1>SEBI Rules 1992: Chairman and Members Entitled to 30 Days Earned Leave, 20 Days Half Pay Leave Annually</h1> The Securities and Exchange Board of India (SEBI) (Terms and Conditions of Service of Chairman and Members) Rules, 1992, outlines the leave entitlements for the Chairman and whole-time Members. They are entitled to 30 days of earned leave per calendar year, credited in two installments, with a maximum carry-forward limit of 240 days. Additionally, they receive 20 days of half pay leave annually, which can be converted to full pay leave on medical grounds with a certificate. They are also entitled to 12 days of casual leave annually, and up to 180 days of extraordinary leave without pay and allowances per term.
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