Housing Loans Insurance Act 1965
11Termination of appointment
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11 Termination of appointment
(1) The Governor‑General may terminate the appointment of a member for misbehaviour or physical or mental incapacity. (2) If: (a) a member becomes bankrupt, applies to take the benefit of a 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; (b) a member, without reasonable excuse, contravenes section 21 of the Commonwealth Authorities and Companies Act 1997; (c) the Chairman or Deputy Chairman: (i) engages in paid employment outside the duties of his or her office without the approval of the Minister; or (ii) is absent from duty, except on leave of absence granted by the Minister, for 14 consecutive days or 28 days in any 12 months; or (d) a member (other than the Chairman or Deputy Chairman) is absent, except on leave of absence granted by the Minister, from 3 consecutive meetings of the Corporation; the Governor‑General shall terminate the member's appointment.