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

, of the Securities Exchange shall hold office 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.” SECTION 24 The provision in

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

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