SECTION 1.  Notwithstanding the provisions of any general or special law, rule or regulation to the contrary, the Palmer Fire District Number One and Palmer Water District Number One shall appoint a suitably qualified person to the office of treasurer of the district.  The treasurer shall have and exercise all the powers and rights and be subject to the duties and liabilities as provided by law.  The treasurer shall hold office at the will of the prudential committee and may be removed from office in the discretion of said committee.  The prudential committee shall establish the terms and conditions of the employment of the treasurer. 

Notwithstanding the provisions of this act, the incumbent in the office of treasurer on the effective date of this act shall continue to hold office and perform the duties thereof until the expiration of the term for which he was elected and the appointment and qualification of a successor or until the incumbent otherwise vacates the office.