Section 5: Tenure of office of members of the Board.

(1) Subject to the provisions of this Act, a person appointed to be a member of the Board, not being a public officer, shall hold office for a period of three years from the date of this appointment and shall be eligible for re-appointment for a further term of three years and no more.
(2) Any member, not being a public officer, may resign his appointment by a notice in writing under his hand addressed to the Minister.
(3) Members of the Board shall be paid such remuneration and allowances as the President may, from time to time, determine.