Section 19: Removal of director of the Board:___ (1) A director of the Board may be removed by the

19. Removal of director of the Board:___ (1) A director of the Board may be removed by the Supervisory Council by an order in writing where it is established that,— (i) any ground under section 18 is applicable; (ii) he has become physically or mentally incapable of carrying out his responsibilities as determined by an independent Medical panel of experts; (iii) he has been found engaged by an independent investigation committee in breach of any provision of this Act or regulations made thereunder; (iv) he has been convicted for criminal offence by a competent court of law; or (v) he has been absent from three or more successive meetings of the Board without leave of absence. (2) A director of the Board may at any time resign from his office by a written notice addressed to the Supervisory Council.

Effective date: 2023-08-04

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