Advisory committee constitution requires specified composition, two-year terms, vacancy replacement, and Board power to dissolve and reconstitute. The regulation requires the Board to constitute an advisory committee to recommend investor education and protection activities and oversee utilisation of the Fund; membership includes the Executive Director as convener, two Board officials, and five experts. External members serve two-year terms, extendable once for two years. Vacancies are filled by the Board for the remaining term, and the Board may dissolve and reconstitute the Committee if it is unable to perform its functions.
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Provisions expressly mentioned in the judgment/order text.
Advisory committee constitution requires specified composition, two-year terms, vacancy replacement, and Board power to dissolve and reconstitute.
The regulation requires the Board to constitute an advisory committee to recommend investor education and protection activities and oversee utilisation of the Fund; membership includes the Executive Director as convener, two Board officials, and five experts. External members serve two-year terms, extendable once for two years. Vacancies are filled by the Board for the remaining term, and the Board may dissolve and reconstitute the Committee if it is unable to perform its functions.
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