Cap. 630 Art. 11Appointmentofthe Regulator.

(1) There shall be a Regulator of Social Enterprise

Organisations who shall be appointed by the Minister following consultation with the Committee for this purpose.

(2) The Regulator shall be appointed for a period of three years and may be re-appointed upon expiration of the term of office for a further period or periods.

(3) A person shall not be qualified to be appointed or continue to hold office as Regulator if such person:

(a) is a Judge, a Magistrate, a Member of the House or a Local Council, or running for election to the House, a Local Council, or to the European Parliament; or

(b) is legally incapacitated or interdicted; or

(c) has been declared bankrupt or has made a composition or arrangement with his creditors; or

(d) has been convicted of a crime affecting public trust or theft or fraud, or of knowingly receiving property, obtained by theft or fraud, a crime affecting the good order of the family or of an offence against this Act.

(4) During his term as Regulator, such person shall not hold any position which results in a conflict of interest or is incompatible with the correct performance of his official duties as Regulator or with the impartiality expected from this office or with the public confidence therein.

(5) When the office of the Regulator becomes vacant, a person appointed as Regulator shall hold office temporarily until a successor is appointed and, subject to the qualifications in sub-article (3), the Minister may, at any time, during the absence of the Regulator or for any other temporary purpose where the Minister considers it necessary to do so, appoint a person to act in the office of the Regulator, until the resumption of office by the Regulator.

(6) The Minister may also appoint one or more Deputy Regulators to assist the Regulator as directed by him and in the performance of his functions.

(7) The Regulator shall receive such remuneration as the Minister may establish and shall be provided with premises and an adequate number of staff to carry out the functions assigned to him under this Act. The officials and staff appointed to assist the Regulator shall receive such remuneration as the Minister may establish.