Sri Lanka Consolidated Acts

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Regional Rural Development Banks Act (No. 15 of 1985) - Sect 9

Disqualifications for being appointed or exceed or continuing as a member

9. No person shall be qualified for being appointed or elected as a Director or for continuing as a Director if he -
(a) is a Member of Parliament or a Member of any District Development Council, or of any local authority ; or
(b) is, under any law in force in Sri Lanka, 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 Sri Lanka or 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.

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