The Finance Commission (Miscellaneous Provisions) Act, 1951

This Act may be called the Finance Commission (Miscellaneous Provisions)Act, 1951.

In this Act, "the Commission" means the Finance Commission constituted by thePresident pursuant to clause (1) of article 280 of the Constitution

The Chairman of the Commission shall be selected from among persons who have hadexperience in public affairs, and the four other members shall be selected from among persons who-- (a) are, or have been, or are qualified to be appointed as Judges of a High Court; or (b) have special knowledge of the finances and accounts of Government; or (c) have had wide experience in financial matters and in administration; or (d) have special knowledge of economies.

Before appointing a person to be a member of theCommission, the President shall satisfy himself that that person will have no such financial or otherinterest as is likely to affect prejudicially his functions as a member of the Commission; and the Presidentshall also satisfy himself from time to time with respect to every member of the Commission that he hasno such interest and any person who is, or whom the President proposes to appoint to be, a member of theCommission shall, whenever required by the President so to do, furnish to him such information as thePresident considers necessary for the performance by him of his duties under this section.

A person shall be disqualified forbeing appointed as, or for being, a member of the Commission,-- (a) if he is of unsound mind; (b) if he is an undischarged insolvent; (c) if he has been convicted of an offence involving moral turpitude; (d) if he has such financial or other interest as is likely to affect prejudicially his functions as amember of the Commission.