11.
(1) The Minister shall appoint a Chairman from among the directors. |
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(2) The Board shall be presided over by the Chair- man if present; but if a Chairman has not been appointed or if the Chairman is not present at the time fixed for holding a meeting of the Board, the directors present shall choose one of their number to preside. |
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(3) The Minister may, without assigning a reason, terminate the appointment of the Chairman. The termination of the appointment of the Chairman shall not be called in question in any court. |
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(4) The Chairman may resign the office of the Chairman by letter addressed to the Minister. |
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(5) Subject to the provisions of sub-sections (3) and (4), the Chairman shall hold office as long as he is a director. |
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