South Australian Current Acts South Australian Current Acts (1) A director
appointed by the Governor will be appointed for a term, not exceeding three
years, specified in the instrument of appointment and will, at the expiration
of a term of appointment, be eligible for reappointment.
(2) Subject to this
section, a director elected by the contributors will be elected for a term of
three years and will, at the expiration of a term of office, be eligible for
re-election.
(3) The first person
elected by the contributors will be elected for a term that expires when the
terms of office of the elected members of the South Australian Superannuation
Board who hold office at the commencement of this Act expire.
(4) A person elected,
or appointed under subsection (5), to fill a casual vacancy in the office
of the elected member will be elected or appointed for the balance of the term
of his or her predecessor.
(5) If the office of
the member elected by the contributors becomes vacant and the balance of the
term of the office is 12 months or less, the Governor may appoint to the
vacant office a person nominated by the Public Service Association of South
Australia Incorporated, the Australian Education Union (S.A. Branch) and the
Police Association of South Australia.
(6) The Governor may
remove a director from office—
(a) for
misconduct; or
(b) for
failure or incapacity to carry out the duties of his or her office
satisfactorily; or
(c)
without limiting paragraph (b)—for non-compliance by the director
with a duty imposed by this Act.
(7) The office of a
director becomes vacant if the director—
(a)
dies; or
(b)
completes a term of office and is not reappointed or re-elected; or
(c)
resigns by written notice to the Minister; or
(d)
becomes bankrupt or applies to take the benefit of a law for the relief of
insolvent debtors; or
(e) is
convicted of an indictable offence or sentenced to imprisonment for an
offence; or
(f) is
removed from office under subsection (6).