Victorian Numbered Acts

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PUFFING BILLY RAILWAY ACT 2022 (NO. 16 OF 2022) - SECT 14

Suspension and removal of directors

    (1)     The Governor in Council may suspend or remove a director from office on the recommendation of the Minister if the director

        (a)     without the approval of the Board, fails to attend 3 consecutive meetings of the Board; or

        (b)     becomes an insolvent under administration; or

        (c)     is convicted or found guilty of—

              (i)     an indictable offence; or

              (ii)     an offence that, if committed in Victoria, would be an indictable offence; or

              (iii)     an offence relating to the performance of duties as a director; or

        (d)     engages in improper conduct in performing duties as a director; or

        (e)     is negligent in performing duties as a director; or

        (f)     fails to disclose a conflict of interest in accordance with section 21 ; or

        (g)     is absent or unable to perform duties as a director for a period of more than 3 months.

    (2)     The suspension of a director under subsection (1) may be for any period less than or equal to the remainder of the director's term of office.



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