Sri Lanka Consolidated Acts

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National Savings Bank Act (No. 30 of 1971) - Sect 9

Disqualifications for being appointed director

(9) A person shall be disqualified for being appointed a director or for continuing as an appointed director if he-
(a) is a Senator or a Member of Parliament; or
(b) is, under any law in force in Ceylon, 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 force in Ceylon or in any other country, is an undischarged insolvent or bankrupt; or
(d) is convicted of an offence involving moral turpitude and punishable with imprisonment for a term not less than six months; or
(e) is an employee of the Bank.


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