Commonwealth Numbered Acts

COMPANIES ACT 1981 No. 89 of 1981 - SECT 222

222. (1) The office of a director of a corporation is, by force of this
section, vacated if-

   (a)  he has not within the period referred to in sub-section 221 (1)
        obtained his qualification;

   (b)  after so obtaining his qualification he ceases at any time to hold his
        qualification;

   (c)  he becomes an insolvent under administration; or

   (d)  he is convicted of an offence referred to in sub-section 227 (2).

(2) A person whose office is vacated by reason of paragraph (1) (a) or (b) is
incapable of being re-appointed as a director until he has obtained his
qualification.

(3) A person whose office is vacated by reason of paragraph (1) (c) is
incapable, without the leave of the Court, of being re-appointed as a director
until he ceases to be an insolvent under administration.

(4) A person whose office is vacated by reason of paragraph (1) (d) is
incapable, without the leave of the Court, of being re-appointed as a director
within the period of 5 years referred to in sub-section 227 (2).

(5) A person whose office is vacated by reason of paragraph (1) (a) or (b)
shall not purport to act as a director of the corporation unless he is validly
re-appointed as a director.

Penalty: $1,000 or 3 months imprisonment, or both.