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Regulation 11 Disability of members in proceedings on account of pecuniary interest

Original text. Later amendments are not shown.

(1)

Subject to paragraph (2), if a member has any pecuniary interest, direct or indirect, in any matter and is present at a meeting of the Board at which the matter is under consideration—

(a)

he shall as soon as practicable after the commencement of the meeting disclose his interest; and

(b)

he shall not take part in the consideration or discussion of that matter, or vote on any question with respect to it.

(2)

Subject to paragraph (4), a member shall be treated for the purposes of this regulation as having an indirect pecuniary interest in a matter if he is connected with a person—

(a)

who has a direct pecuniary interest in that matter; or

(b)

where the matter is a contract, with whom the contract is or is proposed to be made.

(3)

For the purposes of paragraph (2) a member is connected with another person if—

(a)

he is in the employment of, is a partner of, or is a party to an associateship agreement with, that person; and

(b)

where that person is a company, the member or a nominee of his is a director of that company.

(4)

A member who is a dentist shall not be treated as having a pecuniary interest in any matter relating to the remuneration of persons providing general dental services by reason only of his interest as a person providing general dental services if his interest cannot reasonably be regarded as an interest more substantial than that of others providing such services.