Section 4: Cessation of membership.

(1) Notwithstanding the provisions of section 3 of this Act, a person shall cease to hold office as a member of the Council if :
(a) he becomes bankrupt, or compounds with his creditors ; or
(b) he is convicted of a felony or any offence involving dishonesty or fraud; or
(c) he becomes of unsound mind, or incapable of carrying out his duties ; or
(d) he is guilty of a serious misconduct in relation to his duties ; or
(e) in the case of a person possessed of professional qualifications, he is disqualified or suspended from practicing his profession in any part of the world by an order of a competent authority made in respect of that member ; or
(2) If a member of the Council ceases to hold office for any reason whatever, before the expiration of the term for which he is appointed, another person representing the same interest as that member shall be appointed to the Council for the unexpired term.