Tenure of membership, resignation, etc.
                        
                        
                    
                    
                    
                    
                
            
            
                
                	5B. (1) The members specified in clause (i) of section 5A shall hold office for a period of three years from the date of their nomination:
 
 
 
 
	Provided that such members may resign their membership in writing addressed to the Chairman.
 
 
	(2) A person shall cease to be a member, if he-
 
 
 
 
(a) 	dies; or
 
 
 
 
(b) 	being a member specified in clause (i) of section 5A-
 
 
 
 
(i) 	resigns his membership under the provision to sub-section (1) of this section; or
 
 
 
 
(ii) 	his tenure expires under sub-section (1) of this section; or 
 
 
 
 
(iii) remains absent, without permission of the Chairman, from three consecutive meetings of the Board; or
 
 
 
 
(c) 	is declared by a competent Court to be of unsound mind; or 
 
 
 
 
(d)	is an undischarged insolvent; or
 
 
 
 
(e) 	has been, on conviction for a criminal offence involving moral turpitude, sentenced to imprisonment for a term of not less than three months or to a fine not less than five thousand taka and unless a period of two years has elapsed since his release or realisation of the fine, as the case may be, a person so sentenced shall not be eligible to be a member.]