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s 251

Grounds for removal or suspension of member

In force
Part 20Provisions about land trusts
Division 2Appointment, removal and suspension of members of land trusts
Subdivision 2Grounds for removal or suspension of members

251 Grounds for removal or suspension of member

(1)

Each of the following is a ground for removing or suspending a member—

(a)

if the member is a member of the executive committee of the land trust, the member—

(i)

in performing the member’s functions as a member of the committee, has contravened or is contravening a provision of this Act; or

(ii)

is carrying on, or has carried on, the business of the land trust in a fraudulent or improper way;

(b)

the member has stolen, misappropriated or improperly applied trust property;

(c)

the member is acting, or has acted, towards the land trust or another member in a way that is fraudulent, improper or contrary to the best interests of the land trust.

(2)

Also, it is a ground for the Minister to remove or suspend a member that, because of any circumstances affecting the operation of the land trust—

(a)

the land trust can not remove or suspend a member and a majority of members of the land trust have asked the Minister in writing to remove or suspend the member; and

(b)

a ground mentioned in subsection (1)(a), (b) or (c) exists for the member.

Example of circumstances affecting the operation of a land trust—A land trust can not form a quorum for a general meeting of the land trust to remove or suspend a member.

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