Article (4) Appointment and Cessation of Membership a) The Authority shall be managed by a Board of Directors consisting of five members, one of whom shall be the Chairman of the Board. For the appointment of the Board members, a decree based on the proposal of the Council of Ministers shall be issued, and such decree shall designate the Chairman of the Board, provided that the necessity of independence of the Authority, in accordance with the provisions of this Law, be given due consideration. b) The term of office of the Board members shall be four years. As for the initial Board, the terms of office of three of its members shall be three years and of the two other members shall be four years. The decree issued for the appointment of the Board members shall specify the terms of office of every Board member. c) If a vacancy in the Board arises due to the expiry of term of office, resignation, removal or death of a Board member, his replacement shall be appointed by virtue of the same instrument and in the same manner provided for in paragraph (a) of this Article. d) No Board member shall be dismissed before the expiry of his term of office except by virtue of a decree based on a proposal by the Council of Ministers. Article (5) Functions and Powers of the Board The Board shall supervise the affairs of the Authority and the exercise of the duties and powers provided for in this Law. Article (6) Meetings a) The Board shall meet at least four times a year. The Chairman may at any time call an extraordinary meeting of the Board. The Chairman shall also