Section 4: Cessation of membership.

(1) Notwithstanding the provisions of Section 3 of this Act, a member of the Board shall cease to hold office if:
(a) he resigns his appointment as a member of the Board by notice, under his hand, addressed to the President;
(b) he becomes of unsound mind;
(c) becomes bankrupt or makes a compromise with his creditors;
(d) he is convicted of a felony or of any offence involving dishonesty or corruption;
(e) he becomes incapable of carrying out the functions of his office either arising from an infirmity of the mind or of the body; or
(f) the President is satisfied that it is not in the interest of the Agency or of the public for the person to continue in office and notifies the member in writing to that effect.
(2) When 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 provided that the successor shall represent the same interest as his predecessor.