Infrastructure Australia Amendment Act 2014 (77 of 2014)

Schedule 1   Amendments

Part 1   Amendments relating to Infrastructure Australia and the Infrastructure Coordinator

Infrastructure Australia Act 2008

15   Subsections 18(1) and (2)

Repeal the subsections, substitute:

All members

(1) The Minister may terminate the appointment of a member:

(a) for misbehaviour; or

(b) if the member is unable to perform the duties of his or her office because of physical or mental incapacity.

(2) The Minister may terminate the appointment of a member if:

(a) the member:

(i) becomes bankrupt; or

(ii) takes steps to take the benefit of any law for the relief of bankrupt or insolvent debtors; or

(iii) compounds with one or more of his or her creditors; or

(iv) makes an assignment of his or her remuneration for the benefit of one or more of his or her creditors; or

(b) the member fails, without reasonable excuse, to comply with an obligation imposed on him or her by section 27F or 27J of the Commonwealth Authorities and Companies Act 1997 (disclosure of interests).