Contents
55LTermination#
(1)The Minister may terminate the appointment of a Board member for:
(a)misbehaviour; or
(b)physical or mental incapacity.
(2)The Minister may terminate the appointment of a Board member if:
(a)the Board member:
(i)becomes bankrupt; or
(ii)applies to take the benefit of any law for the relief of bankrupt or insolvent debtors; or
(iii)compounds with his or her creditors; or
(iv)makes an assignment of his or her remuneration for the benefit of his or her creditors; or
(b)the Board member is absent, except on leave of absence, from 2 consecutive meetings of the Board; or
(c)the Board member engages in paid employment that, in the Minister’s opinion, conflicts or may conflict with the proper performance of his or her duties (see section 55G); or
(d)the Board member fails, without reasonable excuse, to comply with section 55H or 55J (disclosure of interests).
Sourced from the Federal Register of Legislation at legislation.gov.au, © Commonwealth of Australia, licensed under CC BY 4.0. Compilations may have been reformatted.