Section 47 of RERA : Section 47: Term Of Office Of Chairperson And Members

Explanation using Example

Imagine that Mr. Sharma, a retired Judge of the High Court, is appointed as the Chairperson of the Appellate Tribunal under The Real Estate (Regulation and Development) Act, 2016. He begins his term on January 1, 2023. According to Section 47(1), Mr. Sharma can serve in this position for a maximum of five years, which means his term would ordinarily end on December 31, 2027. However, since the law also states that a former High Court Judge cannot serve as Chairperson past the age of sixty-seven, if Mr. Sharma turns sixty-seven on June 30, 2025, he would have to step down from his position on that date, irrespective of the five-year term.

Furthermore, before Mr. Sharma was appointed, the government would have conducted a thorough check to ensure that he had no financial or other interests that could negatively influence his role as Chairperson, as mandated by Section 47(2).