Amendment status not verified — confirm the current text below against the official source.
(1) A person shall be disqualified for becom- ing a Trustee if he-- cation ~ O I cffico or ld not a citizen of India. - or has volun- Trust#. - , . tarjly acquired the citizekhip of a foreign State or is undet acknowledgment or adherence to a foreign State; has been convicted and sentenced to imprisonment for an offence involving moral turpitude which, in the opinion of Gcvernment, disquaGfies him from being a Trustee and if such sentence has not been reversed, set aside, or remitted; (c) is of unsound mind; (6) is an undischarged insolvent; (e) holds any oEce of profit under the Board; or (f) has, directly or indirectly any share or interest in any work done by order of the Board, or in any contract or 'employ- . ment with, by or on behalf ofthe Board, (2) No person shall be deemed to have a share or interest in any work, contract or employment within the meaning of clause (f) of sub-section ( I ) by reaso.1 only of his- (i) -having a share in any incorporated Compstny which may contract with or be employed by, or on behalf of, the Board; (ii) having - a share or intereat in any news- paper in which any advertisement relating to the affairs of theBoard may be published; (iii) being interested in .any loan advanced to the Board; (iv) having a share or interest in any lease, sale, exchange or purchase of hovabler property or any apeement for the same; having a share or interest in any lien= granted by the Board, or having any right by agreement or otherwise with the Board to the sole or preferential use of any berth for vessels in the docks belonging to the Board; (vi) having a share or interat in the ourasional sale to the Board, to a value not exceeding two thousand mpes in any 3ne ancia1 year, of any article in whlcfi he trades; or (Sce. 9) (vii) being a person to whom, or a member of a 16rm or incorporated company to which, any of the functions specified in clauses (a) and (e) of sub-sectior, (1) of section 35 shall %ave been relinquished under section - 38, (3) A Trustee shall cease to remain a Trustee on the Board if he- (a) becomes disqualified in pursuauce of the provisions of the foreping sub-sections; (b) refuses to act or becomes incapable of acting ; [c) fails to attend, without the previous permis- sion of the Board, three consecutive ordinary meetings of the Board; or (d) is absent from the meetings of the Board ! for a period exceeding six consecutive months. (4) Whenever any question arises as to whether any condition speci6ed in sub-section (2) or (3) has been satisfied the same shall be referred to Govern- ment who shall make such orders as they deem fit and the order so made shall he final and binding on the parties: h v i d e d that no such order shall be made without givingthe pades concerned not more than meen days time .for being heard in the matter-