62Termination of appointment

62 Termination of appointment

(1) The Minister may terminate the appointment of the CEO: (a) for misbehaviour; or (b) if the CEO is unable to perform the duties of the CEO’s office because of physical or mental incapacity. (2) The Minister may terminate the appointment of the CEO if: (a) the CEO: (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 the CEO’s creditors; or (iv) makes an assignment of the CEO’s remuneration for the benefit of the CEO’s creditors; or (b) the CEO is absent, except on leave of absence, for 14 consecutive days or for 28 days in any 12 months; or (c) the CEO engages, except with the Minister’s approval, in paid work outside the duties of the CEO’s office (see section 59); or (d) the CEO fails, without reasonable excuse, to comply with section 60.