(1) The responsible Ministers may terminate the appointment of a Board member for misbehaviour or physical or mental incapacity.
(2) The responsible Ministers 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 3 consecutive meetings of the Board; or
(c) the Board member contravenes section 56, 57, 58, 59, 60, 61 or 62; or
(d) the Board member fails, without reasonable excuse, to comply with section 68, 69 or 71; or
(e) the responsible Ministers are satisfied that the performance of the Board member has been unsatisfactory for a significant period.