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(1)Subject to subsections (2) and (3) below, a member of a board of management shall hold office for a term of four years.
(2)Where the parent members first elected to a board of management constitute—
(a)an even number, half;
(b)an odd number, the next whole number less than half,
shall hold office for a term of two years only, the individuals whose term of office is affected by this subsection being determined (in the absence of the agreement of all such members as to who those individuals shall be) by the drawing of lots.
(3)A person elected under section 3(1) of this Act to fill a vacancy which has occurred on the death, resignation or removal of a member shall serve only for the remainder of the term of office of the person whose place is filled.
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