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The Insurance Act, 1938

( ACT NO. IV Of 1938 )

Qualifications of Chairman, etc.
47D. (1) The Chairman shall be a person who is, or has been, a District Judge, or is or has been, or is qualified to be, a judge of the 1[the Supreme Court].
 
 
 
 
(2) No person shall be appointed, or shall continue to be, a member of the Board if he is an undischarged insolvent, or is convicted of an offence which, in the opinion of the Government, involves moral turpitude.

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