Public Finance Management Act, 1999 (Act No. 1 of 1999)RegulationsRegulations for Accounting Standards Board3. Term of office |
| (1) | All appointments after the enactment of these regulations must be for a term of three years. |
| (2) | A retiring member may be re-appointed for one additional term. |
| (3) | One third of the members determined by lot retire by rotation annually after the commencement of the second term. |