(1) The Minister may terminate the appointment of a Board member for:
(a) misbehaviour; or
(b) physical or mental incapacity.
(2) The Minister may terminate the appointment of a Board member if:
(a) the Board 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) the Board member is absent, except on leave of absence, from 2 consecutive meetings of the Board; or
(c) the Board member engages in paid employment that, in the Minister's opinion, conflicts or may conflict with the proper performance of his or her duties (see section 55G); or
(d) the Board member fails, without reasonable excuse, to comply with section 55H or 55J (disclosure of interests).