4. A person shall be disqualified from being appointed or continuing as a Director of the Board, if he-
| (a) is or becomes a member of Parliament or member of a Provincial Council or a member of any local authority ; or |
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| (b) is under any law in force in Sri Lanka or any other country, found or declared to be of unsound mind ; |
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| (c) is a person who having being declared an insolvent or bankrupt under any law in force in Sri Lanka or any other country, is a undischarged insolvent or bankrupt; or |
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| (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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Sri Lanka Consolidated Acts