(1) The terra of office of the Members shall be five years frtwn the date of constitution of the Governing Board.
(2) If a casual vacancy occurs. ia.-$ua office of a Member nominated under clause (b) or clause (c) of sob-section (1) of section 11, whe$ner by reason of his death, resignation «>r inability to discharge his functions owing to illness or other incapacity, such vacancy shall be ftUetMsy making-, fresh nomination and the Member so nominated, shall hold office for the remainder of the term of office of the Member in whose place he Is so nominated.
-..^X'.An-outgoing Member shall be eligible for re-nomination,
(4) A Member may resign nis offjm by -sgritiftg WS&& his Itfttjd addressed to ike Central Government but _ shall continue in office until his resignation is accepted by that Government r 0} The M^Mfeesrs nominated uiHfer clauses (b) and (c1) of sub-' section (/) of section 11 shall be entitled to such allowances as may. be prescribed. . . . (