(1) The Governor-General may terminate the appointment of the Executive Director for misbehaviour or physical or mental incapacity.
(2) The Governor-General must terminate the appointment of the Executive Director if:
(a) the Executive Director:
(i) becomes bankrupt; or
(ii) applies to take the benefit of any law for the relief of bankrupt or insolvent debtors; or
(iii) compounds with his or her creditors; or
(iv) makes an assignment of his or her remuneration for the benefit of his or her creditors; or
(b) the Executive Director is absent, except on leave of absence, for 14 consecutive days or for 28 days in any 12 months; or
(c) the Executive Director is appointed on a full-time basis and engages, except with the Minister's approval, in paid employment outside the duties of his or her office; or
(d) the Executive Director is appointed on a part-time basis and engages in paid employment that conflicts or may conflict with the proper performance of his or her duties; or
(e) the Executive Director fails, without reasonable excuse, to comply with section 20N.