9. A member of the Mandalaya shall vacate office-
(a) if he is appointed as the auditor or one of the auditors of the Mandalaya; or |
|
(b) if he is adjudged by a competent court to be of unsound mind; or |
|
(c) if he is adjudged by a competent court to be an insolvent or bankrupt; or |
|
(d) if he has any direct or indirect interest in any contract with the Mandalaya; or |
|
(e) if he resigns office by letter addressed to the Minister; or |
|
(f) if his membership is terminated by the Minister; or |
|
(g) if he absents himself from five consecutive meetings of the Mandalaya. |
|
|