Amendment status not verified — confirm the current text below against the official source.
Substituted by G.O.Ms.No.45, Law (F) Department, dated 01.06.2016. Conditions for appointment as member of the Commission. 6 [Act No.30 of 1998] commerce, finance, accountancy, law or administration and that at all times the selection and appointment shall be made in accordance with the qualifications and experience specified below:- (i) one member shall be a graduate electrical engineer with adequate experience in generation or transmission or distribution of electricity; (ii) two members shall have graduate qualification with specialisation and adequate experience in any of the disciplines like law, economics, commerce, finance, accountancy or administration: Provided that at any point of time the Commission shall not consist of more than one member from the same discipline: Provided further that persons below the age of fifty five years shall not be eligible for appointment as Chairman or member, as the case may be. (2) A person shall be disqualified from being appointed a member of the Commission if he is a member of Parliament or of any State Legislature or any local authority or holds any post in a political party or if he has any financial or other interest, directly or indirectly, in any private company or undertaking dealing with any of the business referred to in clause (a) of sub-section (3) subject to the conditions specified in sub-section (5). (3) The persons who are considered for appointment as members of the Commission shall intimate the convenor of the selection committee,- (a) of any office, employment or consultancy agreement or arrangement which he has in his own name or [Act No.30 of 1998] 7 in any firm, association of persons or body corporate, or in the names of any relative, carrying on any of the following businesses, namely:- (i) generation, transmission, distribution or supply of electricity; (ii) manufacture, sale or supply of any fuel for generation of electricity; (iii) manufacture, sale, lease, hire or otherwise; supply of or dealing in machinery, plant, equipment, apparatus or fittings for the generation, transmission, distribution, supply or use of electricity; and (iv) any entity providing professional services to any of the businesses referred to in sub-clauses (i), (ii) and (iii) above; (b) such other details and information as may be prescribed in the rules. Explanation:- For the purpose of this section the term relative shall have the same meaning as defined under section 6 of the 8Companies Act, 1956. (4) The details received from the persons shall be placed for consideration of the selection committee at the time of selection and recommendation of the person for appointment as member. (5) Each member of the Commission shall, before taking charge of the office as member or within such time not exceeding three months after taking charge as may be