(1) The salary and allowances payable to, and the other terms and conditions of service of, the Chairperson and other Members shall be such as may be prescribed and shall not be varied to their disadvantage during their tenure.
(2) Notwithstanding anything contained in sub-sections (1) and (2) of section 23, the Chairperson or a Member, as the case may be, may,--
(a) relinquish his office by giving in writing, to the appropriate Government, notice of not less than three months; or
(b) be removed from his office in accordance with the provisions of section 26 of this Act.
(3) Any vacancy caused to the office of the Chairperson or any other Member shall be filled-up within a period of three months from the date on which such vacancy occurs.
Legal Commentary & Landmark Judgments: Section 24
Section 24 governs the salaries, allowances, and service conditions of the Chairperson and Members of the Authority, prohibiting adverse alterations during their tenure.
Service condition protections guarantee that decisions against State-backed development authorities (e.g., DDA, NOIDA, MHADA) can be rendered without executive pressure.