Section 4: Election of President and the Vice Presidents of the Institute.

(1) There shall be a President and two Vice-Presidents of the Institute who shall be Fellows of the Institute.
(2) The President and Vice-Presidents shall be elected at the Annual General Meeting of the Institute and shall each hold office for a term of two years from the date of the election.
(3) The President shall be the Chairman of the Governing Council established under Section 5 of this Act and in his absence the First Vice-President shall be the Chairman of the Governing Council.
(4) The President shall preside at meetings of the Institute and in the event of his absence, death, permanent incapacity or disability, the First Vice-President or in the absence of the First Vice-President, the Second Vice-President shall preside.
(5) The First Vice-President shall in the event of the death, permanent incapacity or disability of the President act for the unexpired terms of his office whereas the Second Vice-President shall assume the office of the First Vice-President and the Council shall appoint one of its members to asssume the post of the Second Vice-President and reference in this Act to the President shall be construed accordingly.
(6) If the President or any of the Vice-Presidents ceases to be a member of the Institute he shall ipso facto cease to hold any of the offices designated under this section.