law: The Regional Rural Banks Act, 1976
  11. Chairman
  1.  The
  
  Central Government shall appoint an individual to be the Chairman of a Regional
  
  Rural Bank and specify the period, not exceeding five years, for which such
  
  individual shall, subject to the provisions of sub-section (4), hold office as
  
  the Chairman.
  2.  The
  
  individual, appointed as a Chairman under sub-section (1), shall, on the expiry
  
  of the period specified under that sub-section, be eligible for re-appointment.
  3.  The
  
  Chairman shall devote his whole time to the affairs of the Regional Rural Bank
  
  and shall have, subject to the superintendence, control and direction of the
  
  Board, the management of the whole of the affairs of the Regional Rural Bank.
  4.    The
  
  Chairman shall hold office during the pleasure of the Central Government.
  5. The
  
  Chairman shall receive such salary and allowances and be governed by such terms
  
  and conditions of service as may be determined by the Central Government.
  6. 
  
    If
  
  the Chairman is, by infirmity or otherwise, rendered incapable of carrying out
  
  his duties or is absent, on leave or otherwise, in circumstances not involving
  
  the vacation of office, the Central Government may appoint another individual
  
  to act as the Chairman during the absence of the first-mentioned Chairman.