Term of office and conditions of service of directors.

1. (1) The Chairman, Vice- Chairman and directors of the Corporation nominated under clause (f) of sub-section (1) of

1. (2) The directors of the Corporation nominated under clause (f) of sub-section (1) of section 4 shall be entitled to draw such honorarium or compensatory allowance for the purpose of meeting the personal expenditure for attending the meeting of the Corporation or of any

Committee thereof or when appointed in connection with the work undertaken by or for the

Corporation, as may be prescribed.

1. (3) It is hereby declared that the office of director or Chairman or Vice-Chairman of the Corporation, in so far as it is an office of profit under the Government of India, or the Government of any State, or the Government of any Union territory, shall not disqualify the holder for being chosen as, and for being, a member of the Legislative Assembly of Goa.