Disqualifications to be a Director

(1) Every member of the Board, other than the General Manager, shall receive an allowance, to be specified in by- laws, as remuneration for his duties, 24 (a) by writing under his hand addressed to the person who nominated him resigns his office; (b) becomes bankrupt or insolvent, compounds with his creditors or benefits under the law for the relief of a bankrupt or makes any assignment in whole or in part of his income for the benefit of such creditors; (c) is convicted of a criminal offence; (d) becomes totally or permanently incapable of performing his duties; (e) is guilty of gross misconduct. (2) The Minister may terminate the appointment of a Director of the Board who absents himself from three consecutive meetings of the Board without leave from the (3) Where the membership of a Director is terminated by the Minister under subsection (1) of this section, the Organisation which nominated such Director shall nominate another person to fill the vacancy caused by such termination, and the person so appointed shall remain in office for the unexpired portion of the term of office of the Director he is replacing, unless he is earlier terminated under subsection (1) of the section. (4) The names of all members of the Board as first constituted, their terms of office, and every change in the membership shall be published in the Gazette. 25