Sri Lanka Consolidated Acts

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Mahaweli Authority Of Sri Lanka Act (No. 23 of 1979) - Sect 7

Disqualification for being appointed as Directors

7. A person shall be disqualified from being appointed or from continuing as a Director if he -
(a) is a Member of Parliament or a member of a local authority ; or
(b) is under any law in force in Sri Lanka or in any other country found or declared to be of unsound mind; or
(c) is a person who, having been declared an insolvent or a bankrupt under any law in Sri Lanka or in any other country, is an undischarged insolvent or bankrupt; or
(d) is serving or has served a sentence of imprisonment imposed by any court in Sri Lanka or any other country.

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