Salary and allowances and other terms and conditions of service of Presiding Officers.
15-O.The salary and allowances payable to and the other terms and conditions of service including pension, gratuity and other retirement benefits of the 103[Presiding Officer and other Members] of a Securities Appellate Tribunal shall be such as may be prescribed:
Provided that neither the salary and allowances nor the other terms and conditions of service of the1[Presiding Officer and other Members of a Securities Appellate Tribunal]shall be varied to their disadvantage after appointment.
1. Substituted for "Presiding Officer of a Securities Appellate Tribunal" by the SEBI (Amendment) Act 2002, w.e.f. 29-10-2002.