Paragraph 4 Conflict of intersts
A member must ensure that he does not act in any way in which there is or might reasonably supposed to be a conflict of interest between his duties as a member and his private interests.
If a member has a private interest in a topic to be discussed at a meeting that member must—
disclose his interest before the discussion;
take no part in the discussion of and decision on that topic; and
request that his disclosure be recorded in the minutes of the meeting.
A member of a magistrates' courts committee complies with his duty of disclosure under sub-paragraph (2) if he gives a notice to the justices' chief executive that he has an interest in a specified firm, company, body or organisation and is to be regarded as interested, after the date of the notice, in any contract that has been or may be made with the firm, company, body or organisation until he withdraws the notice.
A notice referred to in sub-paragraph (3) may be given orally at a meeting or in writing addressed to the justices' chief executive.
If a conflict of interest arises between a member’s duties as a member and his private interests, that member must—
ensure that the conflict does not have, and could not be perceived (by a reasonable member of the public) to have, any influence on his decision-making as a member; and
take steps to resolve the conflict in a way that protects the public interest.