Tenure of office of members

(1) A member of the Board other than an ex officio member shall, subject to sub-sections (2) and (3), hold office for such period, not exceeding three years, as the Minister may direct in the instrument appointing such member, but such member shall be eligible for reappointment. (2) Any member of the Board other than an ex officio member may at any time resign his office by instrument in writing addressed to the Minister, and from the date of receipt by the Minister of such instrument such member shall cease to be a member of the Board.