Commonwealth Numbered Acts

CLEAN ENERGY FINANCE CORPORATION ACT 2012 (NO. 104, 2012) - SECT 23

                   The responsible Ministers may terminate the appointment of a Board member:

                     (a)  for misbehaviour; or

                     (b)  if the member is unable to perform the duties of his or her office because of physical or mental incapacity; or

                     (c)  if 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

                     (d)  if the member is absent, except on leave of absence, from 3 consecutive meetings of the Board; or

                     (e)  if the member fails, without reasonable excuse, to comply with an obligation imposed on him or her by section 27F or 27J of the Commonwealth Authorities and Companies Act 1997 ; or

                      (f)  if the responsible Ministers are satisfied that the performance of the Board member has been unsatisfactory for a significant period.