Document ID: chunk:federal_register_of_legislation:C2011C00793:clause:2_8ak
Version: federal_register_of_legislation:C2011C00793
Segment Type: clause
Provision Reference: sch 2 cl 8AK
Character Range: 41865–42903

8AK  Termination of appointment

 (1) The Minister may terminate the appointment of the Chief Executive Officer for misbehaviour or physical or mental incapacity.

 (2) The Minister may terminate the appointment of the Chief Executive Officer if:
 (a) the Chief Executive Officer:
 (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 Chief Executive Officer is absent, except on leave of absence, for 14 consecutive days or for 28 days in any 12 months; or
 (c) the Chief Executive Officer engages, except with the Minister's approval, in paid employment outside the duties of his or her office.

 (3) The Minister must terminate the appointment of the Chief Executive Officer if, in the Minister's opinion, the performance of the Chief Executive Officer has been unsatisfactory for a significant period of time.