11. It shall be forbidden for any controller, officer or employee of the Board, under pain of forfeiture of his function, to have any interest whatsoever, direct or indirect, in a public service coming under paragraph 3 of section 2.
However, such forfeiture shall not take place if such interest devolves to him by succession or by donation, provided he renounces thereto or disposes thereof with all possible dispatch.
R. S. 1964, c. 229, s. 11.