(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, without reasonable excuse; or
(c) the Chief Executive Officer fails, without reasonable excuse, to comply with section 18 (outside employment); or
(d) the Chief Executive Officer fails, without reasonable excuse, to comply with section 29 of the Public Governance, Performance and Accountability Act 2013 (which deals with the duty to disclose interests) or rules made for the purposes of that section.