In the context of the disqualification of legislators under the Representation of People Act 1951, consider the following statements:
1. Section 8(3) of the Representation of People Act states that a person convicted and sentenced to imprisonment for not less than two years shall be disqualified from the date of conviction.
2. The Supreme Court's judgment in LilyThomas vs Union of India (2013) struck down Section 8 (4) of the Act, leading to instant disqualification without a three-month appeal period.
3. The President of India has the authority to declare a sitting legislator disqualified under Article 103.
4. The judgment in Lily Thomas has led to a significant reduction in the criminal proclivity of politicians.
Which of the statements given above are correct?