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||Chairmanship of the Management Board
1. The Management Board shall elect a Chairman and a Deputy-Chairman from among the members with voting rights. The Deputy-Chairman
shall automatically take the place of the Chairman if he is prevented from attending to his duties.
2. The terms of office of the Chairman and the Deputy-Chairman shall be two years and shall expire when they cease to be members
of the Management Board. The term of office shall be renewable once.