Capital Markets and Services Act 2007 s 338
s 338 Vacation of office
The office of a member of the Board shall be vacated if—
(a) he dies;
(b) he has been convicted of any offence involving fraud or dishonesty;
(c) he becomes bankrupt;
(d) he is of unsound mind or is otherwise incapable of discharging his duties;
(e) he is absent from three consecutive meetings of the Board except on leave granted by the Minister; or
(f) he is guilty of serious misconduct in relation to his duties under this Act.
Malay text (authoritative)
Pengosongan jawatan
Jawatan anggota Lembaga hendaklah menjadi kosong jika—
(a) dia mati;
(b) dia telah disabitkan atas mana-mana kesalahan yang melibatkan fraud atau kecurangan;
(c) dia menjadi bankrap;
(d) dia tidak sempurna akal atau selainnya tidak berupaya menunaikan kewajipannya;
(e) dia tidak hadir mesyuarat Lembaga tiga kali berturut-turut kecuali dengan kebenaran yang diberikan oleh Menteri; atau
(f) dia bersalah atas suatu salah laku yang serius berhubung dengan kewajipannya di bawah Akta ini.
Read this section in the full act → · Open Part IX →
Find Act 671 on lom.agc.gov.my ↗
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).