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Paragraph 15

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

If a member is in any way directly or indirectly interested–

(a)

in any contract or proposed contract to which the Authority are, or would be, a party; or

(b)

in any other matter with which the Authority are concerned;

and is present at a meeting of the Authority or of any committee of the Authority at which that contract or other matter is the subject of consideration, he shall as soon as practicable after the commencement of the meeting disclose that fact at the meeting and shall not take part in any deliberation or decision of the Authority or committee with respect to that contract or that other matter.