ACT 498
SECURITIES COMMISSION ACT 1993
PART II - SECURITIES COMMISSION
Section 8. Vacation of office.
The office of a member of the Commission shall be vacated-
(
a
) if he dies;
(
b
) if he has been convicted of any offence under the law;
(
c
) if he becomes bankrupt;
(
d
) if he is of unsound mind or is otherwise incapable of discharging his duties; or
(
e
) if he absents himself from three consecutive meetings of the Commission without leave of the Chairman.
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