(1) A person shall be disqualified for being appointed or continuing 15[as the Chairman or member] of the Board, if he-
(a) holds any office or place of profit under the Board,
(b) is of unsound mind and stands so declared by a competent court,
(c) is an undischarged insolvent,
(d) subject to the provisions of sub-section (2) has directly or indirectly by himself or his partner or if he belongs to a joint Hindu Family by any member of such family any share or interest in any contract (except as a shareholder other than a Director in a Company) or employment with, by or on behalf of the Board.
(2) A person shall not be deemed to have incurred disqualification under clause (d) of sub-section (1) by reason only of his-
(a) receiving pension from the Board;
(b) having any share or interest in-
(i) any lease, sale, exchange or purchase of land or any agreement for the same;
(ii) any agreement for the loan of money or any security for the payment of money only;
15. Substituted by Act No.4 of 1984.
Disqualification for appointment on Board.
8 [Act No. XLVI of 1956]
(iii) any newspaper in which any advertisement relating to the affairs of the Board is inserted;
(iv) any joint-stock board or any society registered or deemed to be registered 16[under the Andhra Pradesh (Andhra Area), Co-operative Societies Act, 1932 (Act VI of 1932) or] which shall contract with or be employed by the Chairman or any Officer on behalf of the Board;
17[(v) the occasional sale to the Chairman or any officer on behalf of the Board of any article in which he regularly trades, of a value not exceeding in the aggregate in any financial year one thousand rupees;]
(vi) the occasional letting out on hire to the Board or hiring from the Board of any article for an amount not exceeding in the aggregate in any one financial year five hundred rupees;
(c) occupying as a tenant for the purpose of residence any premises belonging to the Board.
7. 18[(1) The Chairman and every member of the Board, other than ex-officio members, shall hold office during the pleasure of the Government.]
(2) 19[Every member] shall receive such allowance as may be prescribed which shall be paid from the fund of the Board.
16. Inserted by Act No.15 of 1962. [This Act was repealed by Act No.7 of
1964.]
17. Inserted by Act No.4 of 1984.
18. Substituted by Act No.6 of 1996.
19. Substituted by Act No.4 of 1984.
Term of office and conditions of service.
[Act No. XLVI of 1956] 9 20[(3) The Chairman may hold office in an honorary capacity or on payment of remuneration. If any remuneration is to be paid to the Chairman, such remuneration and other conditions of service shall be such as may be prescribed. The remuneration shall be paid from the Fund of the Board.]
8. If a member,-
(a) becomes subject to any of the disqualifications mentioned in section 6, or
(b) tenders his resignation in writing to the Government, or
(c) is absent without the permission of the Board from three successive ordinary meetings of the Board, he shall cease to be a member.
9. Any vacancy in the office of a member due to death, resignation or removal or becoming incapable of acting as such shall be filled by the Government, by appointment of a person thereto, who shall hold office so long only as the member in whose place he is appointed would have held it if the vacancy had not occurred.