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Ineligibility to become and disqualification to act as member of relevant office or as adjudication officer
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59. (1) A person shall not be eligible for appointment as a member of a relevant office, as an adjudication officer or as the chief executive during any period that he or she is—
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(a) an undischarged bankrupt, or
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(b) subject to a composition or arrangement with his or her creditors.
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(2) A person shall cease to hold office as a member of a relevant office, as an adjudication officer or as the chief executive upon—
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(a) being adjudicated bankrupt, or
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(b) making an arrangement or composition with his or her creditors.
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(3) A person shall not be eligible for appointment, and shall cease to hold office, as a member of a relevant office, as an adjudication officer or as the chief executive if he or she—
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(a) is convicted on indictment of an offence,
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(b) is convicted of an offence involving fraud or dishonesty,
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(c) has a declaration under section 819 of the Act of 2014 made against him or her or is deemed to be subject to such a declaration by virtue of Chapter 5 of Part 14 of that Act,
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(d) is subject, or is deemed to be subject, to a disqualification order, within the meaning of Chapter 4 of Part 14 of the Act of 2014, whether by virtue of that Chapter or any other provisions of that Act, or
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(e) enters into employment with—
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(i) a licensee or an organisation which represents licensees in the State, or
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(ii) a person equivalent to a licensee, or an organisation equivalent to an organisation referred to in subparagraph (i), outside the State.
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