(a) the appointed member:
(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 appointed member is absent, except on leave of absence, from 3
consecutive meetings of the Board; or
(c) the appointed member fails, without reasonable excuse, to comply with
Subdivision B of Division 4 of Part 3 of the Commonwealth
Authorities and Companies Act 1997 .