(1) A director may resign from office by written notice given to the Governor in Council.
(2) The Governor in Council, on the recommendation of the Minister, may remove a director from office.
(3) The Minister must recommend the removal of a person from the office of director if the Minister is satisfied that the person—
(a) is unable to fulfil the role of director; or
(b) has been convicted of an offence, the commission of which, in the opinion of the Minister, makes the person unsuitable to be a director; or
(c) has been absent, without approval of the Institute Board, from all meetings of the Institute Board held during a period of 6 months; or
(d) is an insolvent under administration.