Membership of the Board of Directors of the Agency shall cease to be valid in the following cases:
A — If a member is convicted of a crime affecting honour or honesty.
B — If a member is declared bankrupt or as having suspended payment.
C — If a member loses his legal capacity.
D — If a member is guilty of serious dereliction of duty or gross maladministration.
E — If a member fails to attend three consecutive meetings without an excuse acceptable to the Board of Directors.
Membership of the Board of Directors shall terminate in the manner in which the member was appointed.