Mode of Selection and Tenure of Private Sector Representatives.
Section 9
SEC. 9. Mode of Selection and Tenure of Private Sector Representatives. - The President shall appoint the private sector representatives, who are not ex officio members, upon nomination of the accredited organization, ensuring balanced representation from the Visayas and Mindanao and various sectors, such as the labor sector, agricultural and traditional export sectors as against the non-agricultural and non-traditional export sectors and the like. The private sector representatives of the Council shall serve for a period of two (2) years. When a vacancy arises due to the resignation, death or incapacity of a member, a replacement who shall serve for the remainder of the member's term of office shall be appointed by the President.