Regulation 8

(1)

If the Secretary of State is satisfied that a member—

(a)

has been absent from meetings of the Corporation for a period longer than three consecutive months without the permission of the Corporation; or

(b)

has become bankrupt or made an arrangement with his creditors; or

(c)

is incapacitated by physical or mental illness; or

(d)

is otherwise unable or unfit to discharge the functions of a member;

the Secretary of State may declare his office as a member vacant, and shall notify the declaration in such manner as he thinks fit; and thereupon the office shall become vacant.

(2)

In the application of sub-paragraph (1) above to Scotland, for the references in sub-paragraph (b) to a member's having become bankrupt and to a member's having made an arrangement with his creditors there shall be substituted respectively a reference to sequestration of a member's estate having been awarded and to a member's having made a trust deed for behoof of his creditors or a composition contract.