Section 6 of FCMPA : Section 6: Term Of Office Of Members And Eligibility For Reappointment

Explanation using Example

Imagine that the President of India appoints Mr. Sharma as a member of the 16th Finance Commission for a term of four years, as specified in the presidential order. According to Section 6 of The Finance Commission (Miscellaneous Provisions) Act, 1951, Mr. Sharma will serve in his position for those four years. However, if he performs well and the government wishes to retain his expertise, he could be reappointed for another term at the end of his current tenure.

If, for personal reasons, Mr. Sharma decides to step down before his term expires, he has the right to do so. He must write a resignation letter to the President of India to formalize his departure from the Commission. This action is in line with the provision that allows members to resign before their term ends.