(1) The appointment of a person as Governor, Deputy Governor or other member shall, subject to subsection (2), terminate if that person(a) becomes subject to a disqualification referred to in section 7; (b) is removed from office in accordance with the provisions of that subsection; (c) resigns from office in accordance with the provisions of subsection (3); or (d) being a member referred to in paragraph (e) of subsection (2) of section 4, fails to attend three consecutive meetings of the Board without the prior approval of the Chairperson. (2) The Governor, Deputy Governor or a member referred to in paragraphs (d) and (e) of subsection (2) of section 4 may, before the expiration of his or her term of office, be removed from office by the President acting in consultation with the Minister, on grounds of misconduct or inability to efficiently discharge the duties of his or her office. (3) A member may resign from his or her office by giving written notice of such resignation to the President, of(a) not less than three months, in the case of the Governor or Deputy Governor; and (b) not less than one month, in the case of any other member. (4) Where for any reason other than a temporary incapacity, the office of Governor, Deputy Governor or any other member becomes vacant before the expiration of the term for which he or she was appointed, the President shall appoint another person in the same manner as the member vacating that office was appointed, to fill the casual vacancy for the unexpired portion of the term of office. [NAMa15y1997s7]7 Disqualification from membership of Board No person shall be appointed as Governor, Deputy Governor or other member, if he or she(a) is under the age of twenty-one years or has attained the age of sixty-five years; (b) is a member of the National Assembly or the National Council; (c) is a director, officer, owner, employee or shareholder in any banking institution, except where he or she is appointed as nominee for or on behalf of the Government; (d) has been declared mentally ill by a competent court; (e) is an unrehabilitated insolvent; (f) has at any time been convicted of a criminal offence, whether in Namibia or elsewhere, for which he or she was sentenced to imprisonment without the option of a fine; or (g) has at any time by order of a competent authority, been suspended or disqualified from practising a profession on grounds of professional or personal misconduct. [NAMa15y1997s8]8 Duties of Governor and Deputy Governor (1) The Governor shall, in addition to such other powers, duties or functions as this Act may confer or impose(a) serve as the chief executive officer of the Bank and be accountable to the Board for the management of the Bank and for the implementation of its policies; (b) negotiate and sign contracts, documents and instruments on behalf of the Bank, subject to the provisions of this Act; (c) represent the Bank in its relations and transactions with the Government and other institutions; and (d) subject to the overall guidance and directions of the Board, generally exercise all those powers and perform all those duties and functions which are not expressly vested in the Board by this Act, or which may be delegated by the Board to the Governor. (2) The Governor may, with the approval of the Board, delegate any of his or her powers under this Act to the Deputy Governor or to an officer or officers of the Bank.