55LTermination

#### 55L Termination (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).