serve a two-year term. The Commissioner that shall draw the number 9 shall serve a oneyear term.
(f)
In the event that a vacancy arises on the Board due to the death,
resignation, or removal of a Commissioner or upon the expiration of a Commissioner’s
term, the President shall fill such vacancy in accordance with the appointment process
contained in subsection (a) of this section.
(g)
Commissioners shall be entitled to compensation for their service at a rate
to be set by law by the Parliament, but in no event less than the amount paid to a
Minister. A Commissioner’s compensation shall not be reduced during his term in office,
but may be increased.
(h)
A Commissioner may only be removed from office upon a two-thirds vote
of the Transitional Federal Parliament, or its successor institution. Such removal may
only occur for the following reasons:
(i)
The Commissioner’s incapacity to perform his duties due to
illness;
(ii)
The Commissioner’s conviction by a court of competent
jurisdiction of a crime punishable by a term of imprisonment
(regardless of whether the court shall impose a sentence of
imprisonment);
(iii)
The Commissioner’s knowing and continued violation of the
conflict of interest provisions of this Act.
Sec. 303
(a)
The Board shall meet at least once per month in order to consider the
business of the Commission and to hear such reports as the Director General and staff of
the Commission may present.
(b)
The Chairman shall have the power to schedule meetings, upon not less
than fourteen days’ advance notice to the Board and to the public; provided, however,
that in the event of exigent circumstances that require that the Board meet upon less than
fourteen days’ advance notice the Chairman may call such a meeting of the Board with
the concurrence of at least five other Commissioners. A quorum to conduct the business
of the Board shall consist of a majority of the number of members of the Board then
serving. In the absence of the Chairman, the Chairman may designate another
Commissioner to act as Chairman. In the event of the death, resignation, or removal of
the Chairman, the remaining Commissioners may, by majority vote, designate one of
their number to act as Chairman pending an appointment of a new Chairman by the
President.
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