OpenLegislation

Paragraph 5

If the Secretary of State is satisfied that a member of the corporation—

(a)

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

(b)

is incapacitated by physical or mental illness; or

(c)

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

(d)

is otherwise unable or unfit to discharge the functions of a member, or is unsuitable to continue as a member.

the Secretary of State may remove him from his office as a member of the corporation.