The nomination and election of members of an incoming Board must be completed at least one month before the date of expiry of the term of office of the existing Board and the new Board so constituted assumes office when the term of office of the outgoing Board expires. The outgoing Board will normally initiate the procedures to ensure that its successor is in place in good time.

Provisions for the appointment of the first Board are detailed in the Deed of Trust, First Schedule-Instrument of Management, 3(a). [See Appendix 1]