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Removal of Chief Executive Officer
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111. (1) The Board may, with the consent of the Minister, at any time, remove the Chief Executive Officer from office if, in the Board’s opinion—
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(a) the Chief Executive Officer has, without reasonable excuse, failed to discharge the functions of the office,
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(b) the Chief Executive Officer has become incapable through ill-health of performing his or her functions,
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(c) the Chief Executive Officer has committed stated misbehaviour, or
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(d) the removal of the Chief Executive Officer appears to the Board to be necessary for the effective performance by the Commission of its functions.
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(2) If the Chief Executive Officer is removed from office in accordance with subsection (1), the Board shall provide the Chief Executive Officer with a statement of reasons for the removal.
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(3) The Chief Executive Officer shall cease to be qualified for office and shall cease to hold office if he or she—
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(a) is adjudicated bankrupt and such bankruptcy has not been annulled or discharged,
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(b) makes a composition or arrangement with creditors,
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(c) is sentenced by a court of competent jurisdiction to a term of imprisonment,
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(d) is convicted on indictment of an offence,
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(e) is convicted of an offence involving fraud or dishonesty,
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(f) has a declaration under section 819 of the Act of 2014 made against him or her or is deemed to be subject to such a declaration by virtue of Chapter 5 of Part 14 of that Act, or
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(g) is subject, or is deemed to be subject, to a disqualification order, within the meaning of Chapter 4 of Part 14 of the Act of 2014, whether by virtue of that Chapter or any other provision of that Act.
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