60Disclosure of interests

60 Disclosure of interests

(1) A member of a the Council or a committee established under section 36 (the body) who has a direct or indirect pecuniary interest in a matter being considered by the body shall, as soon as possible after the relevant facts have come to the member’s knowledge, disclose the nature of the interest at a meeting of the body. (2) The disclosure is to be recorded in the minutes of the meeting of the body and, subject to subsection (2A), the member must not:

(a) be present during any deliberation of the body with respect to the matter; or

(b) take any part in any decision of the body with respect to the matter.

(2A) A determination that paragraphs (2)(a) and (b) do not apply in relation to the member may be made by:

(a) the body; or

(b) if the body is the Council—the Minister; or

(c) if the body is a committee—the Council.

(3) For the purposes of the making of a determination by the body under subsection (2A) in relation to a member who has made a disclosure under subsection (1), a member who has a direct or indirect pecuniary interest in the matter to which the disclosure relates shall not:

(a) be present during any deliberation of the body for the purposes of making the determination; or

(b) take part in the making by the body of the determination.