[Term of office of Chairperson and Members of Adjudicating Authority.

¹ 12. The Chairperson and Members of the Adjudicating Authority shall hold office for a term not exceeding five years from the date on which they enter upon their office, or until they attain the age of sixty-two years, whichever is earlier and shall not be eligible for reappointment.]

NOTE:-

1 Omitted by the Finance Act, 2021, w.e.f. 1-7-2021. Prior to its omission, section 12 read as under:

"12. Term of office of Chairperson and Members of Adjudicating Authority.—The Chairperson and Members of the Adjudicating Authority shall hold office for a term not exceeding five years from the date on which they enter upon their office, or until they attain the age of sixty-two years, whichever is earlier and shall not be eligible for reappointment."