5. Constitution of the Commission

six persons possessing professional expertise and standing in respect of matters relating to the securities market, and possessing special knowledge or wide experience and proven competency in the fields of law, finance, accounting, economics, banking or business to be appointed by the Minister as members (hereinafter referred to as “appointed members”) in order to reflect the multidisciplinary character of the Commission, of whom at least five persons shall be from the private sector;

two nominated members, -

a Deputy Secretary to the Treasury nominated by the Secretary to the Treasury; and

a Deputy Governor of the Central Bank of Sri

two ex-officio members, -

the Registrar-General of Companies, appointed under the Companies Act, No. 7 of 2007; and

the President of the Institute of Chartered

that person’s integrity and standing; and

the likelihood of any conflict between the interests of the Commission and any interest which that person has or represents.