necessary, the SEC Office upon approval of the SEC may revise or modify the operating plan; in such regard, the provision in the first paragraph shall be applicable, mutatis mutandis. The operating plan of

for a term of three years and may be re-appointed or re-elected, but shall not hold office for more than two consecutive terms. 4. Enhancing Competitiveness of the Capital Market 7/10 • Enhancing

term of four years and may be re-appointed but shall not hold office for more than two consecutive terms. Upon expiration of the term of office, the appointment of new Chairman and commissioners shall be

commissioner appointed in accordance with Section 8 shall hold office for a term of four years and may be re-appointed but shall not hold office for more than two consecutive terms. Upon expiration of the term

more than two consecutive terms. Upon the expiration of the term of office, the appointment of new Chairman and commission members shall be made within sixty days. During the period when new Chairman or