7.— (1) A director of F15[Uisce Éireann] shall cease to be qualified, and cease, to be a director of F15[Uisce Éireann] if he or she—

(a) is adjudicated bankrupt,

(b) makes a composition or arrangement with creditors,

(c) is sentenced by a court of competent jurisdiction to a term of imprisonment,

(d) is convicted of any indictable offence in relation to a company,

(e) is convicted of an offence involving fraud or dishonesty, whether in connection with a company or not, or

(f) is the subject of an order under section 160 of the Companies Act 1990.

F16[(1A) The Minister may, at any time, remove a director of Uisce Éireann from office if the Minister is of the opinion that—

(a) the director has become incapable through ill-health of performing his or her functions,

(b) the director has committed stated misbehaviour,

(c) the director has contravened section 9(1), or

(d) the removal of the director appears to the Minister to be necessary for the effective performance by Uisce Éireann of its functions.

(1B) Where a person is removed from office pursuant to subsection (1A), he or she shall cease to be qualified, and cease, to be a director of Uisce Éireann.]

(2) This section is in addition to, and not in substitution for, any provision of the Companies Acts by virtue of which a person is not qualified, or shall cease, to be a director of a company.