4. Any member of a municipal council who, knowingly, during the existence of his mandate, has, directly or indirectly, through a partner or partners or through the agency of any other person, any interest, commission or percentage in a contract with the municipal council of which he is a member, or, knowingly, during the existence of his mandate, has derived any pecuniary remuneration from any contract for work performed or to be performed, shall, if convicted thereof under this division, be disqualified from holding any public office in the council or under the control thereof, for five years.
R. S. 1964, c. 173, s. 4.