(1) A member of the Board—
(a) holds office, subject to this Act, for a term specified in the member's instrument of appointment, not exceeding 3 years from the date of appointment; and
(b) is eligible for reappointment.
(2) The Public Administration Act 2004 (other than Part 3 of that Act) applies to a member of the Board in respect of the office of member.
(3) Despite subsection (1) and anything to the contrary in the member's instrument of appointment, a member of the Board, with the consent of the Minister, may continue to hold office at the end of member's appointment for a period not exceeding 6 months to enable the vacancy in the member's office to be filled.