Electricity Retained Interest Corporations Act 2015
17Vacancy in office of Board member
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17 Vacancy in office of Board member
17 Vacancy in office of Board member
The office of a member of a Board becomes vacant if the member—
(a) dies, or
(b) completes a term of office and is not reappointed, or
(c) resigns the office by letter addressed to the Board, or
(d) is removed from office by the Treasurer under section 18, or
(e) is absent from 4 consecutive meetings of the Board of which reasonable notice has been given to the member personally or in the ordinary course of post, except on leave granted by the Board or unless, before the end of 4 weeks after the last of those meetings, the member is excused by the Board for having been absent from those meetings, or
(f) 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
(g) becomes a mentally incapacitated person, or
(h) is convicted in New South Wales of an offence that is punishable by imprisonment for 12 months or more or is convicted elsewhere than in New South Wales of an offence that, if committed in New South Wales, would be an offence so punishable.