Cap. 565 Art. 18Disqualification from appointment of Regulator. Cap. 386.

A person shall not be qualified to be appointed, or to remain, a Regulator if he:

(a) is a presiding judge or magistrate; or

(b) is adjudged bankrupt or has entered into any arrangement with his creditors; or

(c) is interdicted or incapacitated; or

(d) is convicted of an offence affecting public trust, theft, or fraud or of knowingly receiving property obtained by theft or fraud; or

(e) is subject to a disqualification under article 320 of the Companies Act; or

(f) is a public officer or becomes a public officer.