Clause 5: Conditions for Termination

A member's membership of the Authority will cease:

• If the member gives the Secretary written notice of resignation.  The resignation will take effect on the date specified by the member or where no date is specified, from the date of receipt of that notice by the Secretary;
• Where the Authority resolves by special resolution to terminate a member's membership;
• Where the member is an individual, if the member:

        - dies;

        - becomes mentally incapacitated or whose person or estate is liable to be
          dealt with in any way under the laws relating to mental health; or

        - is convinced of an indictable offence;

• where the member is not an individual, if:

        - a liquidator is appointed in connection with the winding-up of the member;

        - an order is made by a Court for the winding-up or deregistration of the member; or

        - the member becomes insolvent or bankrupt.