Section 5: President and Vice-Presidents.

(1) There shall be for the Institute a President and two Vice-Presidents (First and Second Vice-Presidents) who shall be President elected by the Institute and shall be professional members of the Institute in the categories of follows and members.
(2) The President shall preside at all meetings of the Board and the Institute and, in the absence of the President, the First Vice-President (in whose absence, the Second Vice President) shall preside.
(3) The President and Vice-Presidents shall hold office for a term of two years and shallcease to hold office imrnediately they cease to be members of the lnstitute as specified in subsection (1) of this section.
(4) The President shall hold office for a term of two years and no more.