Cap. 376 чл. 24Disqualification of officers.

No person:

(a) who has been adjudged bankrupt, or has made a composition with his creditors, or has been an officer of a financial institution which has had its licence or registration withdrawn under article 6(1) and who has not been exempted in writing by the competent authority from the provision of this article; or

(b) who is interdicted or incapacitated or who has been involved in money laundering or found guilty of a crime affecting public trust, theft, fraud, extortion or of knowingly receiving property obtained by theft or fraud, shall act or continue to act as an officer of a financial institution.