Paper I 4 Under the RERA Act, 2016: 1. The terms and conditions of service for the Chairperson and Members are prescribed and cannot be varied to their disadvantage. 2. The Authority is composed of a Chairperson and at least two whole-time members. 3. The tenure of Chairperson and Members is typically five years or up to 65 years of age, and they are eligible for reappointment.