1) The Finance Commission shall consis af a Chairman and such number of members aot heing less than two and more thay four, as the Government may determine.
42) The Chairman and the members shail be appomted by the Lieutenan; Governor on the recommendation of the ‘Counci! of Ministers, by order in writing :
Provided that no person who js a Minister of the Government of a Chairman!President (by whatever name called) or an employee of a Municipality shall he appointed as 4 Chairman or @ Member of the Commission.
4. Qualifications tor appointment and manner of selection of Chairman and members—(1) The Chairman shal! be selected from among persons who have experience in financial and economic matters and in public affairs.
(2) The members shal! be selected from among persons who—
(a) are, or have beea, or are qualified to be appointed as Judges of 2 High Court, ot
(b) have special. knowledge in economies, and of the finances and accounts of the Government; or
(e) have wide experience in financial management of the Municipalities and in the administration thereof.
5. Term of appointment.-—The Chairman and the members of the Commission shall hold office for such period as may be specified from time to time.
6. Disqualification for being a Chayman or a memher of the Commission.—-A person shall be discualified from being a Chaitman or a member of the Commission :-—
(a) if he is of unsound mind: ot (by if he is adjudged an insolvent; or
(c) if he has been convicted of an offence involving moral turpitude; or
(d) if he has such financial or other interest as is likely to affect prejudicially _ his functioning as a Chairman or a member of the Commission.