Provided that the members of the Board and the Corporation shall be eligible for re-appointment.

Disqualification for being member Disqualification for being member.— A person shall be disqualified for being chosen as, and for being, a member of the Board or of the Corporation—

1. (a) if he has been convicted of an offence involving moral turpitude;
2. (b) if he is an undischarged insolvent;
3. (c) if he is of unsound mind and stands so declared by a competent court;
4. (d) if he has directly or indirectly any interest in any subsisting contract or employment under, or by, or on behalf of, the Board or the Corporation;
5. (e) if he has been removed from the service of the Government or any local authority for corruption or malpractices and he is not eligible for re-employment in any office under the Government.