Sri Lanka Consolidated Acts

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National Enterprise Development Authority Act (No. 17 of 2006) - Sect 4

Disqualification from being a member of the Board

4. A person shall be disqualified from being appointed as a member of the Board if -
(a) he is or becomes a member of Parliament or a Provincial Council or a local authority ;
(b) he is not or ceases to be a citizen of Sri Lanka ;
(c) he is under any law in force in Sri Lanka or in any other country found or declared to be of unsound mind ;
(d) he is serving or has served a sentence of imprisonment imposed by any Court in Sri Lanka or any other country ;
(e) he holds or enjoys any right or benefit under any contract made by or on behalf of the Authority ;
(f) he is a person having been declared as an insolvent or a bankrupt person under any law in Sri Lanka or any other country and is undischarged insolvent or bankrupt.


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