any state enterprise, government organization, or district office; (5) not having a position or any responsibility or having an interest in a securities company. SECTION 22. Apart from the expiration of
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 any state enterprise, government organization, or district
operated by the company or the subsidiary; (5) merger with other persons which is likely to affect the management structure of the company; (6) lending of money, providing credit facility, guarantee