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COMMONWEALTH AUTHORITIES AND COMPANIES ACT 1997 No. 153 of 1997 - SECT 24
24 Effect of civil penalty disqualification on being a director
(1) The office of a director of a Commonwealth authority is, by force of this
section, vacated if the person holding the office:
(a) becomes subject to a civil penalty disqualification; or
(b) is convicted of an offence of which he or she is guilty because of
clause 11 of Schedule 2.
(2) A person whose office is vacated because of paragraph (1)(a) cannot,
without leave granted under clause 8 of Schedule 2, be reappointed as a
director until the end of the period specified in the disqualification.
(3) A person whose office is vacated because of paragraph (1)(b) cannot,
without leave granted under clause 12 of Schedule 2, be reappointed as a
director until the end of the period of 5 years referred to in subclause 12(1)
of that Schedule.
(4) For the purposes of this section, a person is or becomes subject to a
civil penalty disqualification if, and only if, an order relating to the
person is in force, or is made, under paragraph 4(3)(a) of Schedule 2.
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