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(1) The members of the Board of a Regional Development Corporation other than persons appointed under subsection 2 (a), (b), (c) and (d) shall be appointed from among persons who are qualified in or have had experience of and shown capacity in, matters relating to all or any of the following subjects-agriculture, industry, commerce, trade, finance, science, technology, accountancy, law, administration and any other field of professional studies so however that at all times there shall be on the Board at least one member who has had recognised and substantial experience in matters of business administration with particular emphasis on finance, one member who has had a similar experience in commercial matters, one member who has had experience in industry and one member who has had experience in any field of professional studies and is qualified to practise in Ghana.

(2) No person shall be qualified to be a member of the Board who has been sentenced to death or to a term of imprisonment exceeding twelve months without option of a fine or has been convicted of an offence involving dishonesty or moral turpitude and has in each case not been granted a free pardon.

(3) No person shall be qualified to be a member of the Board if having been declared as an insolvent or bankrupt under any law for the time being in force in Ghana or in any other country is an undischarged insolvent or bankrupt.

(4) The members of the Board other than the Chairman and the Managing Director shall hold office for two years.

(5) Any member of the Board other than the Chairman and the Managing Director may resign his office by notice in writing addressed to the National Redemption Council and without prejudice to subsection (4) of this section, any member of the Board may be removed from office by the National Redemption Council.

(6) Where the office of a member of the Board other than the Managing Director becomes vacant under subsection (2), (3) or (5) of this section before the expiration of his term of office under subsection (4) of this section or by his death, the National Redemption Council shall appoint another person in his place and to hold office for the unexpired portion of his term of office.

(7) Subject to the provisions of this Decree where it appears to the National Redemption Council that any member of the Board is unable by reason of absence from Ghana or illness or any other sufficient cause from performing the duties of his office the Council shall appoint another person to hold office in his place until such time as the National Redemption Council is satisfied that that member is able again to perform those functions.

(8) Every member of the Board of a Regional Development Corporation shall on ceasing to hold office be eligible for reappointment.