Section 14B: Resignation

14B. Resignation.⸺(1) The Governor, a Deputy Governor, a non-executive Director or an external member of the Monetary Policy Committee may, by writing under his hand addressed to the appointing authority, resign his office. (2) A resignation in sub-sections (1) shall be addressed through the Board. (3) On the acceptance of a resignation under sub-section (1) by the appointing authority, the office shall become vacant.]

Effective date: 1956-04-18

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