Who is eligible for appointment as the Central Vigilance Commissioner or Vigilance Commissioners under the Central Vigilance Commission Act, 2003?

Section 3. Constitution of Central Vigilance Commission: (3) The Central Vigilance Commissioner and the Vigilance Commissioners shall be appointed from amongst persons-- (a) who have been or are in an All-India Service or in any civil service of the Union or in a civil post under the Union having knowledge and experience in the matters relating to vigilance, policy making and administration including police administration; or (b) who have held office or are holding office in a corporation established by or under any Central Act or a Government company owned or controlled by the Central Government and persons who have expertise and experience in finance including insurance and banking, law, vigilance and investigations.