Section 4
SEC. 4. Section eight of the same Act is hereby amended to read as follows: "SEC. 8. Disqualifications. — None of the following may be a member of the Monetary Board or a deputy-governor of the Central Bank: "(a) Persons holding any public position or office, either by election or by appointment, except those holding academic positions and the ex officio members and their respective alternates; and "(b) Directors, officers, employees, consultants or stockholders of other banking or other financial institutions subject to supervision, regulation or examination by the Central Bank, except non-stock savings and loan associations and provident funds organized exclusively for employees of the Central Bank."