Section 4: Terms of office of the members

4. Terms of office of the members.—(l) The Chairman and members shall hold office during the pleasure of the Federal Government for a term of four years and, unless earlier removed, shall be eligible for re-appointment and shall receive such salary and allowances as the Federal Government may determine: Provided that the Member (Private) shall hold office in honorary capacity. (2) Every member, except Member Ministerial Co-ordination and Member (Private), shall be a whole-time officer of the Board and shall perform such functions as are, or may be, assigned to him under this Ordinance. (3) Every member, except Member (Private), shall, before assuming his office as such, relinquish or divest himself of any office or interest in any corporation, company or concern other than an industry owned by the Federal Government or sponsored by the Board.

Effective date: 2000-01-01

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