Amendment status not verified — confirm the current text below against the official source.
Disqualification for membership: (1) A person shall be disqualified for appointment as a member if on the date of appointment such person:- (a) is less than twenty one year of age: or (b) is of unsound mind; or (c) has applied to be or has been, or is adjudicated an insolvent; or (d) has been sentenced by a Criminal Court for an offence involving delinquency, such sentence not having been reserved; or (e) has, on any previous occasion, been removed from the office of 18 members or has been removed by order of a competent court from any position of trust either for mismanagement or corruption; or (f) has any financial interest in any subsisting contract with or in any work being done for the Board except as a shareholder (other than a Director or Managing agent) in a Company as defined in Section 3 of the Companies Act,1956, provided that where he is share holder, he will disclose to the government, the nature and extent of shares held by him in such a company. (2) A member shall cease to hold his office, if he:- (a) is sentenced by a Criminal Court for an offence involving moral delinquency such sentence not been reserved or (b) Becomes of unsound mind; or (c) has applied to be or has been or is adjudicated an insolvent; or (d) Has failed without excuse sufficient in the opinion of the Board to attend three consecutive meetings of the Board.