(1)Subject to subsections (3) and (4) a person is disqualified for membership of the Assembly if he is disqualified for membership of the House of Commons, whether under the [1975 c. 24.] House of Commons Disqualification Act 1975 or otherwise.
(2)A person who is Her Majesty’s Lord-Lieutenant or Lieutenant for a county or county borough in Northern Ireland is disqualified for membership of the Assembly for a constituency comprising the whole or part of the county or county borough.
(3)A person is not disqualified for membership of the Assembly by reason only—
(a)that he is a peer (other than a Lord of Appeal in Ordinary), or
(b)that he is a member of the Seanad Eireann (Senate of the Republic of Ireland).
(4)A person is not disqualified for membership of the Assembly by reason only that he is disqualified under section 3 of the [1700 c. 2.] Act of Settlement (certain persons born out of the Kingdom) if he is a citizen of a Member State of the European Communities.
(5)If a person who is disqualified under this section is returned as a member of the Assembly his election is void.
(6)If a member becomes disqualified under this section his seat shall be vacated.