The Governor in Council may remove a member from office if—
(a) the member is or becomes an insolvent under administration; or
(b) the member is disqualified from managing corporations under the Corporations Act , part 2D.6 ; or
(c) the member has been, or is, convicted of an indictable offence; or
(d) the member has been, or is, convicted of an offence against this Act; or
(e) the Minister recommends the removal because the Minister is satisfied the member—(i) has been guilty of misconduct; or(ii) is incapable of performing the member’s duties; or(iii) has neglected the member’s duties or performed the member’s duties incompetently; or(iv) has been absent without permission of the board from 3 consecutive meetings of which due notice was given.