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....on appointed as an Ombudsman shall hold office for a term of three years and shall be eligible for reappointment for another period of two years: Provided that no person shall hold the office....

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...., before the expiry of period specified under sub-regulation (1), by giving to the Board notice of not less than three months in writing.   ****** 1 Substituted by the SEBI (Ombudsman) (....

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