23Vacancies, resignations, removal from office

23 Vacancies, resignations, removal from office

S. 23(1) amended by No. 10/2017 s. 24(2).

(1) The office of a director of Development Victoria becomes vacant if the director—

(a) without the board's approval, fails to attend 3 consecutive meetings of the board; or

S. 23(1)(b) amended by No. 4/2008 s. 32(Sch. item 36).

(b) becomes an insolvent under administration; or

(c) is convicted of an indictable offence or an offence which, if committed in Victoria, would be an indictable offence.

S. 23(2) amended by No. 10/2017 s. 24(2).

(2) A director of Development Victoria may resign by writing delivered to the Minister.

S. 23(3) amended by No. 10/2017 s. 24(2).

(3) If a director of Development Victoria—

(a) is convicted of an offence relating to his or her duties as a director; or

(b) fails, without reasonable excuse, to comply with section 29—

the director must be removed from office by the Governor in Council.