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INSURANCE AND SUPERANNUATION COMMISSIONER ACT 1987 No. 98 of 1987 - SECT 11
Termination of appointment
11. (1) The Governor-General may terminate the appointment of the Commissioner
for misbehaviour or physical or mental incapacity.
(2) The Governor-General shall terminate the appointment of the Commissioner
if the Commissioner:
(a) becomes bankrupt, applies to take the benefit of any law for the
relief of bankrupt or insolvent debtors, compounds with creditors or
makes an assignment of remuneration for their benefit;
(b) is absent from duty, except on leave of absence granted by the
Minister, for 14 consecutive days or for 28 days in any 12 months;
(c) becomes:
(i) a director or employee of a body corporate of a kind referred
to in paragraph 4 (3) (a) or (c); or
(ii) a trustee of a superannuation fund or an approved deposit fund;
(d) engages in paid employment outside the duties of the office without
the approval of the Minister; or
(e) contravenes section 8 without reasonable excuse.
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