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1After section 8A of the City of London Municipal Elections Act 1849 there shall be inserted the following section—
(1)A person who is adjudged bankrupt shall be disqualified for being elected to or holding any of the following offices in the City of London, namely, Lord Mayor, alderman and common councilman.
(2)Where a person is disqualified under this section, the disqualification shall cease—
(a)on his discharge from bankruptcy; or
(b)if the bankruptcy order is previously annulled, on the date of its annulment.
(3)Where a person is adjudged bankrupt while holding any office mentioned in this section, his office shall immediately become vacant.”
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