Section 5: Tenure of office of the Chairman and members of the Board

(1) The Chairman and any other member of the Board (not being an ex-officio member), shall hold office for a period of three years and shall be eligible for re-appointment for a further period of three years:
Provided that members of the Board appointed under paragraph (d) of section 4 (1) of this Act, shall hold office for two years and shall not be eligible for re-appointment.
(2)
A member of the Board, other than an* ex-officio *member, shall be paid out of monies at the disposal of the Board such remuneration and allowances in accordance with scales approved from time to time by the President.
(3) In the event of the death or incapacity of the Chairman of the Board, or if for any reason other than effluxion of time, the office of the Chairman is vacant, the President shall, on the recommendation of the Minister, appoint another person as chairman for the residue of the term of the Chairman of the Board.
(4) The office of a member of the Board shall become vacant if-
(a) he previously resigns his office by notice in writing given to the Minister;
(b) the period of his appointment has expired; or
(c)
there is passed by the Board, a resolution declaring -
(i) that he has become unfit for membership of the Board, by reason of the fact that he has become incapable by reason of mental or bodily infirmity of discharging his duties; or
(ii) that he has been absent from three consecutive meetings of the Board without leave of the Board; or
(iii) he has been convicted of an offence which involves moral turpitude.
(5) Soon after the office of a member becomes vacant, the authority by which he was appointed shall appoint another person in his place in accordance with the provisions of this Act.
(6)
Any member of the Board other than an ex-officio member may, by notice to the Board, resign his appointment.