Clause 10
Vacation of office of director
of Post Office Savings Bank of Singapore Bill
BillNot in forceProvision 22 of 51
Clause 10
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 three 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.