Membership
1(1)Subject to the following provisions of this paragraph, a member shall hold and vacate office in accordance with the terms of his appointment and shall, on ceasing to be a member, be eligible for re-appointment.
(2)A member may at any time by notice to the appropriate Minister resign his office.
(3)The appropriate Minister may remove a member if he is satisfied—
(a)that that member has been absent from meetings of the Authority for a period of more than three consecutive months without the permission of the Authority;
(b)that that member has been adjudged bankrupt, that his estate has been sequestrated or that he has made a composition or arrangement with, or granted a trust deed for, his creditors; or
(c)that that member is unable or unfit to carry out the functions of a member.
(4)In this paragraph and paragraph 2 below “the appropriate Minister” means —
(a)in relation to a member appointed under section 1(2)(a) of this Act, the Minister; and
(b)in relation to any other member, the Secretary of State.