Export-Import Bank of India Act : Fees and allowances of directors and members of Committees. Indian

Export-Import Bank of India Act,1981

Act No : 28

Section : Fees and allowances of directors and members of Committees.

8. Fees and allowances of directors and members of Committees. The directors and the members of a Committee shall be paid such fees and allowances as may be prescribed for attending the meetings of the Board or of any Committee constituted in pursuance of this Act and for attending to any other work of the Exim Bank: Provided that no fees shall be payable to the chairman, if he is appointed as a whole-time chairman, or to the managing director or to any other director or member who is an official of the Government, the Reserve Bank or the Development Bank.