Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The responsible Commonwealth Minister may terminate the appointment of a Board member for misbehaviour or physical or mental incapacity.
(2) The responsible Commonwealth Minister may terminate the appointment of a Board member if:
(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 member is absent, except on leave of absence, from 3 consecutive meetings of the Board; or
(c) the member fails, without reasonable excuse, to comply with a section 657 determination to the extent to which the determination relates to disclosure of interests; or
(d) the responsible Commonwealth Minister is satisfied that the performance of the member has been unsatisfactory for a significant period.
(3) The responsible Commonwealth Minister must consult all
State Petroleum Ministers and the Northern Territory Petroleum Minister before
terminating the appointment of a Board member.