Electricity Industry (Residual Provisions) Act 1993
49Vacancy etc. in office of Administrator
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49 Vacancy etc. in office of Administrator
(1) The office of the Administrator becomes vacant if the Administrator—
(a) becomes bankrupt, applies to take the benefit of any law for the relief of bankrupt or insolvent debtors, compounds with his or her creditors or makes an assignment of his or her remuneration for their benefit; or
(b) is convicted of an indictable offence or of an offence that, if committed in Victoria, would be an indictable offence.
(2) The Administrator may resign by writing delivered to the Minister.
(3) The Treasurer after consultation with the Minister may remove the Administrator from office.
S. 49A inserted by No. 79/1995 s. 8.