Disqualifications to be a Director

(1) No person shall be appointed or remain a Director who is a member of the National Assembly. (2) The Minister may terminate the appointment of the Chairperson or any other Director only if the Chairperson or such Director, as the case may be, (a) by writing under his hand addressed to the person who selected him resigns his office; (b) becomes subject to the disqualification specified in subsection (1) of this section; (c) becomes bankrupt or insolvent, compounds with his creditors or benefits under the law for the relief of a bankrupt or makes any assignment in whole or in part of his income for the benefit of such creditors; (d) is convicted of an offence involving dishonesty, or of any other offence punishable with not less than three years imprisonment (whether or not the convicted person is awarded such sentence); (e) becomes totally or permanently incapable of performing his duties; 13 (f) is guilty of gross misconduct. (3) The Minister may terminate the appointment of a Director of the Board who absents himself from three consecutive meetings of the Board without leave from the (4) The names of all members of the Board as first constituted, their terms of office and every change in the membership shall be published in the Gazette.