15O Salary and allowances and other terms and conditions of service of Presiding Officers

Salary and allowances and other terms and conditions of service of Presiding Officers.-

15O. The salary and allowances payable to and the other terms and conditions of service (including pension, gratuity and other retirement benefits) of the 59[Presiding Officer and any other Member 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 the

60[Presiding Officer and other Members of a Securities Appellate Tribunal] shall be varied to their disadvantage after appointment.