(1) The Board may with the approval of the Minister, terminate the appointment of the Director for inability to exercise the functions of his or her office (whether arising from infirmity of mind or body or from any other cause) or for misconduct.
(2) The Director may resign his or her office by giving to the Board 3 months notice in writing or such shorter period as the Board may in its discretion agree to accept, of his or her intention so to do and at the expiration of such period, the Director shall be deemed to have resigned his or her office.