Disqualification for being a member

Disqualification for being a member.—

1. (1) A person shall be disqualified for being chosen as, and for being, a member of the Board—
   • (a) if he is of unsound mind and stands so declared by a competent court;
   • (b) if he is, or at any time has been, adjudicated insolvent or has suspended payment of his debts or has compounded with his creditors;
   • (c) if he has been convicted of an offence involving moral turpitude;
   • (d) if he has any financial interest in any industry in respect of which the Board is empowered to exercise its functions;
   • (e) if he is a member of Parliament or of any State Legislature.