I.-The term of office of the Chairman of the Board of Directors is four years and may be renewed once.
II-The term of office of the members referred to in 2° of article R. 7345-1 is four years and may be renewed once.
III-The term of office of the members referred to in 3° and 4° of article R. 7345-1 is valid until the next publication of the lists referred to in article L. 7343-4 and article L. 7343-24 respectively.
IV-Any vacancy for any reason whatsoever, or loss of the capacity in respect of which a qualified person or representative has been appointed, gives rise to a replacement for the remainder of the term of office.
V.-The Chairman of the Board of Directors is entitled to an expense allowance, the amount of which is set by joint order of the Minister for Labour, the Minister for Transport and the Minister for the Budget. The mandate of the other members of the Board of Directors is free of charge, subject to reimbursement of travel and subsistence expenses, under the conditions laid down by the regulations applicable to civil servants in the State.