(1) The Board consists of no more than 5 members to be appointed by Cabinet.
(2) The Board consists of —
(a) a person nominated by the Minister with responsibility for the Citizenship by Investment Programme;
(b) a person nominated by the Minister with responsibility for national security;
(c) the Attorney General or his or her appointed representative;
(d) two Attorneys-at-law with at least 10 years standing.
(3) Persons appointed under subsection (2)(a), (b), and (c) may be individuals trained in law, business, finance or international relations.
(4) Cabinet shall appoint one of the members of the Board to be the Chairperson and another member to be the Deputy Chairperson of the Board.
(5) A member holds office for a period not exceeding 3 years, and is eligible for reappointment.