Section 3: Tenure of office

(1) Subject to the provisions of this Act, a person appointed to be a member of the Corporation and not being an ex-officio member shall hold office for a period of three years from the date of his appointment and may be re-appointed for a further term of two years.
(2) Any member of the Corporation not being an ex-officio member may resign his appointment by a letter addressed to the Minister.
(3) A member of the Corporation not being an ex-officio member shall be paid such remuneration and allowances as the President may, from time to time, direct.
(4) Notwithstanding the provisions of subsection (1) of this section, the President may on the recommendation of the Minister require any member to vacate his office if his continued membership will not be in the interest of the Corporation.