Subject to the provJStons of this Act every member of the Board other than the Ex ojf1c10 member shall hold office for a penod of three years from the date of the fin.t meeting of the Board but shall be eligible for re.nomination or re·electJon, as the case may be:
Provided that a member who~e term of office has expired shall contiuuc to hold office untll his successor assumes office :
Provided further that a member nominated or elected under sub section (1) of section 3 :ihall cease to be a member of the Board-
(t) in the case of a member nominated under clause (h) or· clause (c) of sub.section ( l) of section 3, when he ceases to be an officer of the Finance Department or the Industries Department as the ~..i.sc may be; , \ t I I I 203
(ii) in the case of a member elected under clause (d) of sub section ( 1) of section 3, when he ceases to be a member of the Legisla tive Assembly ; and (ttil in the case of a member nommated under clause (e) or clause
(f) or clause (g) of sub-section (I ) of section 3, m the opinion of Llie Government, when he ceases to have the rep:esentativc capacity specified in the said respective clauses, but the member shall continue to hold office until the vacancy is filled up :
Provided also that a member nominated or elected to fill a casual vacancy shall assume office forth\·V1th, but shall hold office so Jong only as the member in whose place he is nominated or elected as the case may be, would have been entitled to hold office if the vacancy had not occurred.