Terrorism and Cyclone Insurance Act 2003
20Termination of appointment of members
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20 Termination of appointment of members
(1) The Minister may terminate a member’s appointment for misbehaviour or physical or mental incapacity. (2) The Minister may terminate a member’s appointment if: (a) the 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 member is absent, except on leave of absence, from 3 consecutive meetings of the Corporation; or (c) the member engages in paid employment that, in the Minister’s opinion, conflicts or could conflict with the proper performance of the duties of his or her office; or (e) the Minister is of the opinion that the performance of the member has been unsatisfactory for a significant period of time.
Note: The appointment of a member may also be terminated under section 30 of the Public Governance, Performance and Accountability Act 2013 (which deals with terminating the appointment of an accountable authority, or a member of an accountable authority, for contravening general duties of officials).