Amendment status not verified — confirm the current text below against the official source.
(1) The members nominated to the Board shall hold the office for the period fixed by the Government, not exceeding three years, from the date of notification constituting the board. (2) The nominated members shall be eligible for re-appointment: Provided that no person shall be nominated as a member for more than two consecutive terms. (3) The members of the board shall continue to hold office until a new board is constituted subject to the provisions of this Act and rules made thereunder. (4) A member nominated to fill a casual vacancy shall continue for the remaining term of the member in whose place he is nominated. (5) A nominated member may resign his office by writing addressed to the Government, but he shall continue his office until his resignation is accepted by the Government. (6) No act or proceedings of the Board shall be deemed to be invalid by reason of any defect or irregularity in its constitution or on the ground of existence of any vacancy in the office of any member. (7) The Board shall determine its own procedure for the conduct of its business. (8) The allowances of the nominated members shall be such as may be prescribed.