(1) The office of a director of the Authority becomes vacant if the director—
(a) without the approval of the board, fails to attend 3 consecutive meetings of the board; or
(b) becomes insolvent under administration; or
(c) is found guilty in Victoria of an indictable offence or elsewhere of an offence that, if committed in Victoria, would be an indictable offence.
(2) A director of the Authority may resign by notice in writing delivered to the Governor in Council.
(3) The Governor in Council, on the recommendation of the Minister, may remove a director of the Authority from office on any of the following grounds—
(a) misconduct;
(b) neglect of duty;
(c) inability to perform the duties of the office;
(d) any other ground on which the Governor in Council is satisfied that the director should not hold office.
(4) The Minister must recommend that a director of the Authority be removed from office if the director is found guilty of an offence (other than an indictable offence) relating to the director's duties as a director.