Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Governor - General may terminate the appointment of a director for misbehaviour or physical or mental incapacity.
(2) If a director:
(a) 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; or
(c) is absent, without the Board's leave and without reasonable excuse, from 3 consecutive meetings of the Board;
the Governor - General shall terminate the director's appointment.
Note: The appointment of a director 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).
(3) Where:
(a) the Minister is of the opinion that the performance of the Board or Australia Post has been unsatisfactory for a significant period of time; and
(b) the Minister proposes that the appointment of all directors or specified directors be terminated;
the Governor - General shall terminate the appointment of all directors or the specified directors, as the case may be.
(4) Where:
(a) the Minister is of the opinion that the performance of a particular director has been unsatisfactory for a significant period of time; and
(b) the Minister proposes that the appointment of the director be terminated;
the Governor - General shall terminate the appointment of the director.
(5) If:
(a) the Minister is of the opinion that the Board has failed to comply with an obligation under section 19 of the Public Governance, Performance and Accountability Act 2013 ; and
(b) the Minister proposes that the appointment of all directors or specified directors be terminated;
the Governor - General is to terminate the appointment of all directors, or the specified directors, as the case may be.