Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Minister may terminate the appointment of a member of the Regulator for misbehaviour or physical or mental incapacity.
(2) The Minister may terminate the appointment of a member of the Regulator 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) if the member is a full - time member--the member engages, except with the Minister's approval, in paid employment outside the duties of his or her office (see section 24); or
(c) if the member is a part - time member--the member engages in paid employment that conflicts or may conflict with the proper performance of his or her duties (see section 24); or
(d) the member 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; or
(e) the member is absent, except on leave of absence, from 3 consecutive meetings of the Regulator.