Document ID: chunk:federal_register_of_legislation:C2009A00019:clause:1_81
Version: federal_register_of_legislation:C2009A00019
Segment Type: clause
Provision Reference: sch 1 cl 81
Character Range: 17988–18983

81  Termination of appointment

  The Board may, after consulting the Minister, terminate the appointment of the Director:
 (a) for misbehaviour or physical or mental incapacity; or
 (b) if the Director:
 (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
 (c) if the Director is absent, except on leave of absence, for 14 consecutive days or for 28 days in any 12 months; or
 (d) if the Director engages, except with the Board's approval, in paid employment outside the duties of his or her office; or
 (e) if the Board is satisfied that the Director's performance has been unsatisfactory; or
 (f) if the Director fails, without reasonable excuse, to comply with an obligation imposed on him or her by section 27F or 27J of the Commonwealth Authorities and Companies Act 1997.