sec.224Term of appointment

### sec.224 Term of appointment The president and each deputy president holds office for the term, not longer than 5 years, stated in the board member’s instrument of appointment. An appointed board member, other than the president or a deputy president, holds office for the term, not longer than 3 years, stated in the member’s instrument of appointment. However, if a successor has not been appointed by the end of the appointed board member’s term, the member continues to hold office until a successor is appointed. An appointed board member may be reappointed. However, a person holding office as the president or a deputy president may be reappointed to the office only if— no term of appointment is longer than 5 years; and the person does not hold the office for more than 10 years in total. s 224 sub 2017 No. 15 s 12 (sec.224-ssec.1) The president and each deputy president holds office for the term, not longer than 5 years, stated in the board member’s instrument of appointment. (sec.224-ssec.2) An appointed board member, other than the president or a deputy president, holds office for the term, not longer than 3 years, stated in the member’s instrument of appointment. (sec.224-ssec.3) However, if a successor has not been appointed by the end of the appointed board member’s term, the member continues to hold office until a successor is appointed. (sec.224-ssec.4) An appointed board member may be reappointed. (sec.224-ssec.5) However, a person holding office as the president or a deputy president may be reappointed to the office only if— no term of appointment is longer than 5 years; and the person does not hold the office for more than 10 years in total. - (a) no term of appointment is longer than 5 years; and - (b) the person does not hold the office for more than 10 years in total.