7Power of Prime Minister to terminate appointment of Chairman in certain circumstances

##### 7 Power of Prime Minister to terminate appointment of Chairman in certain circumstances (1) If the Chairman of the Authority is guilty of misbehaviour in connection with, or becomes incapable of performing, his duties as Chairman, the Prime Minister may, by writing signed by him, remove the Chairman from office. (2) The Prime Minister may, at any time, by notice in writing given to the Chairman, terminate the appointment of the Chairman on the expiration of a date specified in the notice, being a date that is not earlier than 6 months after the date on which the notice is given to the Chairman. (3) The Chairman may, by notice in writing given to the Prime Minister, resign his office of Chairman at the expiration of a date specified in the notice, being a date that is not earlier than 6 months after the date on which the notice is given to the Prime Minister. (4) The appointment of the Chairman shall not be terminated except in accordance with this section. (5) Sections 225 and 226 of the Companies Act 1981 do not apply to or in relation to the Chairman.