Foreign Exchange Management Act, 1999

21. Qualifications for appointment of Chairperson, Member and Special Director (Appeals).- 

¹[21. A person shall not be qualified for appointment as a Special Director (Appeals) unless he"

(a)  has been a member of the Indian Legal Service and has held a post in Grade I of that Service; or

(b)  has been a member of the Indian Revenue Service and has held a post equivalent to a Joint Secretary to the Government of India.]

^[helldodold[(1) A person shall not be qualified for appointment as the Chairperson or a Member unless he-

(a) in the case of Chairperson, is or has been, or is qualified to be, a Judge of a High Court; and

(b) in the case of a Member, is or has been, or is qualified to be, a District Judge.

(2) A person shall not be qualified for appointment as a Special Director (Appeals) unless he-

(a) has been a member of the Indian Legal Service and has held a post in Grade I of that Service; or

(b) has been a member of the Indian Revenue Service and has held a post equivalent to a Joint Secretary to the Government of India.]^helldod]

1. Substituted vide Finance Act 2017 dated 31.03.2017 [Para 165 (d)]