Prevention of Money Laundering Act, 2002

82. Omitted by the Prevention of Money-laundering (Amendment) Act, 2005, w.e.f. 1-7-2005. Prior to its omission, section 29 read as under :

"29. Term of office.- The Chairperson and every other Member shall hold office as such for a term of five years from the date on which he enters upon his office:

Provided that no Chairperson or other Member shall hold office as such after he has attained,-

(a)	-	in the case of the Chairperson, the age of sixty-eight years;
(b)	-	in the case of any other Member, the age of sixty-five years."