Removal and resignation of members of the Board

(1) If a member of the Board— (a) becomes of unsound mind; (b) is an undischarged insolvent or uncertified bankrupt; (c) has directly or indirectly by himself or by any partner, any share or interest in any contract or employment with, by or on behalf of, the Board; (d) is a director or a secretary, manager or other salaried officer of any incorporated company which has any share or interest in any contract or employment with, by or on behalf of, the Board; (e) has been or is convicted of any offence involving moral turpitude; he shall be disqualified for being appointed or for continuing as a member of the Board. (2) Provided that a person shall not be disqualified under clause (c) or clause (d) by reason of his having a share or interest in— (i) any sale, purchase or lease of any land or building or any agreement for the same; (ii) any agreement for the loan of money or any security for the payment of money; or (iii) any newspaper in which any advertisement relating to the affairs of the Board is published. (3) The State Government may remove from the Board any member who, in the opinion of the Government, is guilty of any misconduct or neglect or abuse of his position as a member of the Board, or is otherwise unfit to render his services to the interest of the Board or of the general public or employees of the Board, provided that such person shall not be removed unless he has been given an opportunity to show cause why such order should not be made. (4) Any member of the Board may resign his office by giving notice in writing to the State Government.