1. A member of the Board of Directors appointed in accordance with Article (12) of this decree-law may seek approval of his resignation by a written request submitted to the Chairman. A federal decree accepting such resignation shall be issued upon the Chairman’s recommendation. 2. Should the resignation of a member of the Board of Directors is accepted, or his seat become vacant for any reason whatsoever prior to the expiry of his term of office, a successor shall be appointed, in accordance with the membership conditions referred to in Article (13) of this decree-law, for the remaining term of office of the Board of Directors.
Interpretation and application must be checked against the official text and current version.