Tenure of office of members of the Agency
2(1)A person appointed as chairman or deputy chairman or as one of the other members shall hold and vacate office in accordance with the terms of his appointment and, on ceasing to hold that office, is eligible for re-appointment.
(2)The terms of appointment of the chairman, deputy chairman and other members shall be determined by the appropriate authorities acting jointly.
3(1)The person holding office as chairman or deputy chairman—
(a)may resign his office by giving notice to any of the appropriate authorities (and on doing so ceases to be a member of the Agency); and
(b)may be removed from office by the appropriate authorities acting jointly if they are satisfied that he is eligible to be removed under paragraph 4.
(2)A member other than the chairman or deputy chairman—
(a)may resign his office by giving notice to the authority by which he was appointed; and
(b)may be removed from office by that authority if it is satisfied that he is eligible to be removed under paragraph 4.
4A person may be removed from office as chairman, deputy chairman or other member only if—
(a)he has been adjudged bankrupt, has had his estate sequestrated or has made a composition or arrangement with, or granted a trust deed for, his creditors; or
(b)he is failing to carry out the duties of his office or is otherwise unable or unfit to carry out those duties.