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A current governor will hold office as a governor of the corresponding category of governor under these Regulations until—

(a)

the term of office that applied at the date of his election or appointment as a current governor would have expired,

(b)

he resigns his office,

(c)

he becomes disqualified from holding or continuing to hold office as a governor under these Regulations, or

(d)

31st August 2006

which ever is the earlier.