Which of the following statements about the term of office for Executive Council members is correct?

The statement that the term of office for Executive Council members cannot extend beyond the Chief Executive's term is correct because the Executive Council, or ExCo, is directly associated with the Chief Executive's administration. The Chief Executive, who is the head of the Hong Kong Special Administrative Region, appoints members to the Executive Council to assist in governance. The Executive Council's existence and its members' roles are closely tied to the tenure of the Chief Executive.

Since the Chief Executive is elected for a fixed term of five years, the term of the Executive Council members is inherently limited to this period as their purpose is to support the Chief Executive in office. Therefore, as soon as a new Chief Executive is elected or if the current one leaves office for any reason, the Executive Council typically undergoes a reformation or reshuffle. This ensures the alignment of the Executive Council with the current administration's policies and priorities.