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Section 19: Vacation of office

Bank of Mauritius Act · PART IV: BOARD, MANAGEMENT AND STAFF

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

19. Vacation of office The office of a Director shall become vacant— (a) on his death; (b) if he fails to attend 3 consecutive Board meetings without leave of the Board; (c) where he becomes subject to any disqualification under section 17; (d) has become insolvent or has assigned his estate for the benefit of his creditors or has made an arrangement or composition with his creditors; (e) where he resigns from office.

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