|
|
Provisions in relation to appointment, term of office, etc., of ordinary members of the Board.
|
9.—(1) The Minister shall, before the establishment day, appoint six persons (of whom three, but not more than three, shall be members of the Standing Committee of the Club) to be ordinary members of the Board and the term of office of every person so appointed shall commence on the establishment day, and if any such person dies before the establishment day, he shall be deemed, for the purposes of subsection (4) of this section, to have died on the establishment day.
|
|
| |
(2) The Minister shall, in each fifth successive year after the year in which the establishment day falls, appoint six persons (of whom three, but not more than three, shall be members of the Executive Committee of the Club) to be ordinary members of the Board and the term of office of every person so appointed shall commence on the day next following the day of his appointment.
|
|
| |
(3) Every member of the Board appointed under subsection (1) or subsection (2) of this section shall, unless he sooner dies, resigns, becomes disqualified or is removed, hold office until the expiration of the day on which the Minister next appoints, in pursuance of subsection (2) of this section, six persons to be ordinary members of the Board.
|
|
| |
(4) Whenever an ordinary member of the Board dies, resigns, becomes disqualified or is removed—
|
|
| |
(a) the Minister shall, as soon as conveniently may be, appoint another person to be a member of the Board,
|
|
| |
(b) the person so appointed shall be a member of the Executive Committee of the Club if, immediately before the appointment, the number of the members of the Board who are members of the Executive Committee of the Club is less than three, and
|
|
| |
(c) the person so appointed shall, unless he sooner dies, resigns, becomes disqualified or is removed, hold office until the expiration of the day on which the Minister next appoints, in pursuance of subsection (2) of this section, six persons to be ordinary members of the Board.
|
|
| |
(5) An ordinary member of the Board shall be disqualified from holding and shall cease to hold office if he is adjudged bankrupt, or makes a composition or arrangement with his creditors, or is sentenced by a court of competent jurisdiction to suffer imprisonment or penal servitude, or, in the case of a member of the Executive Committee of the Club, if he ceases to be a member thereof.
|
|
| |
(6) An ordinary member of the Board may at any time resign his office by letter addressed to the Minister and the resignation shall take effect as on and from the date of the receipt of the letter by the Minister.
|
|
| |
(7) The Minister may at any time, after consultation with the Minister for Finance, by order remove an ordinary member of the Board.
|
|
| |
(8) An ordinary member of the Board whose term of office expires by effluxion of time shall be eligible for reappointment.
|
|
| |
(9) An ordinary member of the Board shall be paid by the Board such remuneration and allowances for expenses as the Minister, with the consent of the Minister for Finance, determines.
|
|
| |
(10) Every appointment in pursuance of this section shall be made by the Minister after consultation with the Minister for Finance.
|
