None of the following persons shall be or continue as a director:
(a) Any paid office bearer of the Authority,
Provided that, this Clause shall not be applicable to the executive Director appointed by the Government of Nepal,
(b) One who is insolvent,
(c) A lunatic,
(d) One who has convicted of a criminal offense involving moral turpitude,
(e) One who is a direct or indirect partner in any contract executed with the Authority.