member of a district council or district administration, or a member or official of any political party; (4) not being a civil servant having a permanent position or salary, or an officer or employee of
capital market, economics or finance and banking; (2) not being or having been a bankrupt; (3) not being a political official, an appointed member of a district council or district administration, or a
cause serious impact or damages to the interest of the public at large, the SEC shall promptly report the facts and assess the potential impact or damages in respect of such act as well as analyse the
report the facts and assess the potential impact or damages in respect of such act as well as analyse the issues and propose the actions to be taken to the Minister. Section 12. The SEC shall have the