The Securities and Exchange Board of India Act, 1992
15-O. SALARY AND ALLOWANCES AND OTHER TERMS AND CONDITIONS OF SERVICE OF PRESIDING OFFICERS.
The salary and allowances payable to and the other terms and conditions of service (including pension, gratuity and other retirement benefits) of, the Presiding Officer of a Securities Appellate Tribunal shall be such as may be prescribed :
Provided that neither the salary and allowances nor the other terms and conditions of service of the said Presiding Officers shall be varied to their disadvantage after appointment.
The Securities and Exchange Board of India Act, 1992