Section 7: Cessation of office.

(1) A member of the Board of Trustees ceases to hold office if he -
(a) becomes of unsound mind;
(b) becomes bankrupt or makes compromises with his creditors;
(c) is convicted of a felony or any offence; or?
(d) is guilty of corrupt practices or misconduct in relation to his duties.
(2) A member of the Board of Trustees may be removed from office by the President of the Senate and the Speaker of the House of Representatives if they are satisfied that it is not in the interest of the Trust Fund or public that the member should continue in that office.
(3) A member of the Board of Trustees, other than ex-officio members, may resign his appointment by a notice in writing addressed to the President of the Senate and the Speaker of the House of Representatives.
(4) Where a vacancy occurs in the membership of the Board of Trustees, it shall be filled by the appointment of a successor to hold office for the remainder of the term of office of his predecessor and the successor shall -
(a) represent the same interest; and
(b) be appointed by the President of the Senate and the Speaker of the House of Representatives.
(5) The provisions of the Schedule to this Act shall have effect with respect to the meetings and proceedings of the Board of Trustees and other related matters. [Schedule]