5.—(1) The management of the Institute and of its properties and affairs shall be vested in the Council consisting of —
(a)
a Chairman to be appointed by the Minister;
(b)
a Deputy Chairman to be appointed by the Minister;
(c)
the Director;
(d)
heads of colleges established under section 12; and
(e)
not less than 8 nor more than 14 other members as the Minister may from time to time appoint.
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(2) A member of the Council whose appointment was made by the Minister shall, unless his appointment is revoked under subsection (5) or unless he resigns during his term of office, hold office for a period of 3 years.
(3) Any member of the Council may resign from the Council by giving notice in writing to that effect addressed to the Chairman and as from the date of receipt by the Chairman of the notice the member shall cease to be a member of the Council.
(4) If a member resigns, dies or has his appointment revoked or otherwise vacates his office before the expiry of the period for which he has been appointed, the Minister may appoint a person to fill the vacancy for the residue of the period for which the vacating member was appointed.
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(5) The Minister may at any time revoke the appointment of the Chairman or any member of the Council whose appointment was made by him.
(6) The Council may act notwithstanding any vacancy in its membership.