2Terms and conditions of appointment of members

2 Terms and conditions of appointment of members (1) An appointed member holds office for the term, not exceeding 3 years, that is specified in the instrument of appointment, and is eligible for re‑appointment. Sch. 2 cl. 2(2) repealed by No. 19/2014 s. 33, new Sch. 2 cl. 2(2) inserted by No. 69/2015 s. 9. (2) An elected member holds office for up to 3 years and is eligible to stand for re-election except as provided in any Order establishing the authority. (3) The office of an appointed member becomes vacant if— (a) the member becomes bankrupt; or (b) the member is found guilty of an offence which is, or which would if committed in Victoria be, an indictable offence; or (c) the member is absent from 3 consecutive meetings of the Authority without the leave of the chairperson, or in the case of the chairperson without the Minister's leave. (4) A member must in the exercise of his or her functions— (a) act honestly; and (b) exercise reasonable care and diligence; and (c) not make improper use of any information acquired as a member of the authority; and (d) disclose to the authority any conflict of interest or duties except those arising directly out of the person's qualification for membership of the authority. (5) A member is appointed subject to any other terms and conditions that are specified in the instrument of appointment and that are not inconsistent with this Act.