Amendment status not verified — confirm the current text below against the official source.
Qualifications tor appointment and manner of selection of Chairman and members—(1) The Chairman shal! be selected from among persons who have experience in financial and economic matters and in public affairs. (2) The members shal! be selected from among persons who— (a) are, or have beea, or are qualified to be appointed as Judges of 2 High Court, ot (b) have special. knowledge in economies, and of the finances and accounts of the Government; or (e) have wide experience in financial man- agement of the Municipalities and in the administration thereof.