Section 3: Tenure of office, etc.

(1) The Chairman shall hold office-
(a) for a period of five years and may be re-appointed for one further period of five years; and
(b) on such other terms and conditions as may be specified in his letter of appointment.
(2) The other members of the Board shall hold office-
(a) for a period of four years and may be re-appointed for one further period of four years; and
(b) on such other terms and conditions as may be specified in their letters of appointment.