(1)

The Minister may terminate a member's appointment for misbehaviour or physical or mental incapacity.

(2)

The Minister may terminate a member's appointment if:

(a) 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
(b) the member is absent, except on leave of absence, from 3 consecutive meetings of the Corporation; or
(c) the member engages in paid employment that, in the Minister's opinion, conflicts or could conflict with the proper performance of the duties of his or her office; or
(d) the member fails, without reasonable excuse, to comply with Subdivision B of Division 4 of Part 3 of the Commonwealth Authorities and Companies Act 1997 ; or
(e) the Minister is of the opinion that the performance of the member has been unsatisfactory for a significant period of time.