179Removal from and vacation of office

179 Removal from and vacation of office

179 Removal from and vacation of office

(1) The directors hold office, must retire, and may be removed from office, as provided by the rules of the co-operative.

(2) A director vacates office in the circumstances (if any) provided in the rules of the co-operative and in any of the following cases—

(a) if the director is a disqualified person under section 181;

(b) if the director absents himself or herself from 3 consecutive ordinary meetings of the board without its leave;

(c) if the director resigns the office of director by written notice given by the director to the co-operative;

(d) if the person ceases to hold the qualification because of which the person was qualified to be a director;

(e) if an administrator of the co-operative’s affairs is appointed under Part 4.1;

(f) if the director is removed from office under section 180.