13. (1) The Director General may resign from office by giving notice in writing to the Minister of his or her resignation and the resignation shall take effect on the day on which the Minister receives the notice.

(2) The Minister may, at any time, remove the Director General from office if the Minister is satisfied that—

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

(b) the Director General has committed stated misbehaviour, or

(c) the removal of the Director General appears to the Minister to be necessary for the effective performance by the Commission of its functions.

(3) If the Director General is removed from office in accordance with subsection (2), the Minister shall provide the Director General with a statement of reasons for the removal.

(4) The Director General shall cease to be qualified for office and shall cease to hold office 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 or any other body corporate,

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

F7[(f) is, or is deemed to be, the subject of an order under section 160 of the Companies Act 1990 or a disqualification order within the meaning of Chapter 4 of Part 14 of the Companies Act 2014.]