14.—(1) Every ordinary member (other than a first ordinary member or a person appointed to fill a casual vacancy) of a board shall, unless he sooner dies, resigns or becomes disqualified, hold office—
(a) in case he is elected on the first election day, from the day of entry on office of the first elected members until the day following the next election day,
(b) in case he is elected on any election day (other than the first election day), from the day following his election until the day following the next election day.
(2) An ordinary member retiring on the expiration by effluxion of time of his term of office shall be eligible for re-election.