President of a Panchayat at any level shall be co-extensive with the duration of that Panchayat.

Duty of retiring President, etc. to hand over charge of office. - (1) On the election of a new President or Vice-President, it shall be the duty of the retiring President or, as the case may be, Vice-President to hand over to him the charge of the respective office, and delver to him the record and property belonging to the Panchayat concerned and in the latter’s custody. (2)The provisions of sub-section (i) shall apply mutatis mutandis to a retiring member in the matter of handling over of charge of his office.