Terms and Conditions of Service of Chairman and Members
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.... who does not, and will not, have any such financial or other interests as are likely to affect prejudicially his functions as such Chairman or Member. (2) The Chairman and every whole-time Member shall hold office for such period, not exceeding 5 years, as may be specified in the order of his appointment; but he shall be eligible for reappointment: ^2[Provided that no person shall hold offi....
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.... (a) Cabinet Secretary -Chairman; (b) Additional Principal Secretary to the Prime Minister - Member; (c) Secretary, Department of Economic Affairs - Member; (d) Chairman, Securities and Exchange Board of India (for selection of whole-time Member) - Member; (e) ^5[three outside experts] of repute (to be nominated by the Central Government from a panel of ex....
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