Section 11
Vacation of office of director
of Post Office Savings Bank of Singapore Act
ActIn forceProvision 23 of 52
Section 11
The office of director shall be vacated if the director —
(a)
becomes of unsound mind;
(b)
becomes a bankrupt or suspends payment to, or makes any arrangement or composition with, his creditors;
(c)
has been absent for more than 3 consecutive meetings of the directors without permission of the directors;
(d)
resigns from his office; or
(e)
is convicted of an offence involving dishonesty or fraud or moral turpitude. [10