38Disclosure of interest

#### 38 Disclosure of interest (1) A member of the Panel (including a person taken to be a member under regulation 34) who has a direct or indirect pecuniary interest in a matter being considered or about to be considered at a meeting of the Panel must, 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 Panel. (2) The disclosure is to be recorded in the minutes of the meeting and the member must not, unless the Panel otherwise determines: (a) be present during any deliberation of the Panel about the matter; or (b) take part in any decision of the Panel about the matter. (3) For the purpose of the making of a determination in relation to the member who has made the disclosure, any member who has a direct or indirect pecuniary interest in the matter to which the disclosure relates must not: (a) be present during any deliberation of the Panel for the purpose of making the determination; or (b) take part in the making of the determination by the Panel.