Section 17: Disqualification

17. Disqualification A person shall be disqualified from holding the office of Governor, Deputy Governor or other Director if he— (a) is employed in any capacity in the public service or holds any office or position for which any salary or other remuneration is payable out of public monies; (b) is a director, a partner, an official, an employee or a shareholder of any bank or other financial institution; (c) has committed any default or breach of trust or is guilty of serious misconduct in the discharge of his duties under this Act which, in the opinion of the President or Minister, as the case may be, renders him unfit to be appointed or to continue in office; (d) has been convicted of an offence of such nature as, in the opinion of the President or Minister, as the case may be, renders it desirable that he should be removed from office; or (e) is suffering from such mental or physical infirmity as to render him unfit to discharge his duties under this Act.