law: The Competition Act, 2002 
  10. Term of office of
  
  Chairperson and other Members.-
  1.  
  
    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 and shall be eligible
  
  for re-appointment: 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-seven years;
  b.   in the case of any
  
  other Member, the age of sixty-five years.
  1.  
  
  
  
  
  2.  
  
    A
  
  vacancy caused by the resignation or removal of the Chairperson or any other
  
  Member under section 11 or by death or otherwise shall be filled by fresh
  
  appointment in accordance with the provisions of sections 8 and 9.
  3.  
  
    The
  
  Chairperson and every other Member shall, before entering upon his office, make
  
  and subscribe to an oath of office and of secrecy in such form, manner and
  
  before such authority, as may be prescribed.
  4.  
  
    In
  
  the event of the occurrence of a vacancy in the office of the Chairperson by
  
  reason of his death, resignation or otherwise, the senior-most Member shall act
  
  as the Chairperson, until the date on which a new Chairperson, appointed in
  
  accordance wit the provisions of this Act to fill such vacancy, enters upon his
  
  office.
  5.  
  
    When
  
  the Chairperson is unable to discharge his functions owing to absence, illness
  
  or any other cause, the senior-most Member shall discharge the functions of the
  
  Chairperson until the date on which the Chairperson resumes the charge of his
  
  function .