Section 6: Cessation of membership of the Board.

(1) Notwithstanding the provisions of section 2 of this Act, a person shall cease to hold office as a member of the Board if-
(a) he becomes bankrupt, suspends payment or compounds with his creditors;
(b) he is convicted of a felony or any offence involving dishonesty or fraud;
(c) he becomes of unsound mind, or incapable of carrying out his duties;
(d) he is guilty of a serious misconduct in relation to his duties;
(e)
in the case of a person possessed of professional qualifications, he is disqualified or suspended, other than at his own request, from practising his profession in any part of the world by an order of a competent authority made in respect of that member; or
(f) he resigns his appointment by a letter addressed to the President.
(2) Where a vacancy occurs in the membership of the Board it shall be filled by the appointment of a successor to hold office for the remainder of the term of office of his predecessor, so however, that the successor shall represent the same interest and shall be appointed by the President, subject to the confirmation of the Senate in consultation with the House of representatives.