law: Airports Economic Regulatory Authority of India Act, 2008
  6. Terms of office
  
  and other conditions of service, etc., of Chairperson and Members. -
  1. 
  
   The
  
  Chairperson and other Members, shall hold office, as such, for a term of five
  
  years from the date on which he enters upon his office, but shall not be
  
  eligible for re-appointment: Provided that no Chairperson or other Member shall
  
  hold office, as such, after he attains -
  a.    in the case of the
  
  Chairperson, the age of sixty-five years; and
  b.    in the case of any
  
  other Member, the age of sixty-two years. Explanation.-For the purposes of this
  
  sub-section, a Member may be appointed as Chairperson of the Authority, but a
  
  person who has been the Chairperson shall not be eligible for appointment as a
  
  Member.
  1. 
  
  
  
   
  2. 
  
   The
  
  salary and allowances payable to, and the other terms and conditions of service
  
  of, the Chairperson and other Members shall be such as may be prescribed.
  3. 
  
   The
  
  salary, allowances and other conditions of service of the Chairperson and other
  
  Members shall not be varied to their disadvantage after their appointment.
  4. 
  
   Notwithstanding
  
  anything contained in sub-section (1), the Chairperson or any Member may,-
  a.    relinquish his office
  
  by giving, in writing to the Central Government, a notice of not less than
  
  three months; or
  b.    be removed from his
  
  office in accordance with the provisions of section 8.
  1. 
  
   
  2. 
  
   
  3. 
  
   
  4. 
  
   
  5. 
  
   The
  
  Chairperson or any Member ceasing to hold office, as such, shall-
  a.    be ineligible for
  
  further employment under the Central Government or any State Government for a
  
  period of two years from the date he ceases to hold such office;
  b.    not accept any
  
  commercial employment including private for a period of two years from the date
  
  he ceases to hold such office; or
  c.    not represent any
  
  person before the Authority in any other manner. Explanation.-For the purposes
  
  of this sub-section,-
   
  
  i. 
  
   "employment
  
  under the Central Government or State Government" includes employment
  
  under any local or other authority within the territory of India or under the
  
  control of the Central Government or State Government or under any corporation
  
  or society owned or controlled by the Government.
   
  
  ii. 
  
   "commercial
  
  employment" means employment in any capacity under, or agency of, a person
  
  engaged in trading, commercial, industrial or financial business in any field
  
  and includes also a director of a company or partner of a firm and it also
  
  includes setting up practice either independently or as partner of a firm or as
  
  an adviser or a consultant.