A person shall be disqualified from being appointed or from continuing to hold office as a director where that person —
(a) is a member of Parliament;
(b) has been adjudged insolvent or has suspended payment to or made composition with his or her creditors;
(c) has been duly certified by a medical practitioner to be of unsound mind;
(d) is prevented from practising his or her profession on account of any act involving dishonesty;
(e) has been convicted of a criminal offence and sentenced to a term of imprisonment or to death;
(f) has been convicted of any offence involving dishonesty; or
(g) is prohibited from being a director by reason of any order made under any law.