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Labuan Financial Services Authority Act 1996 · s 8

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s 8Vacation of office

The office of a member of the Authority shall be vacated—

(a)

if he dies;

(b)

if he has been convicted of any offence under any law;

(c)

if he becomes a 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 Authority without leave of the Chairman or in the case of the Chairman, without leave of the Minister.