Paragraph 4 F1
United Kingdom
Any member of either of the Boards shall, if he is interested in any company with which the Board has made or proposes to make any contract, disclose to the Board the fact and nature of his interest, and shall take no part in any deliberation or decision of the Board relating to that contract; and the disclosure shall be forthwith recorded in the minutes of the Board.
Annotations
Textual amendments
- F1
Section 1 and in Schedule 1, paragraphs 2 to 5, in paragraph 6 the words “Each of the Boards shall be a body corporate and” and the words “shall have power to regulate their own procedure” and paragraphs 7 to 11 repealedprosp.
Notes on the whole Act
Textual amendments
- F1
Act repealed (31.3.1990 for certain provisions and 9.11.2001 otherwise) by 1989 c. 29, s. 112(4), Sch. 18; S.I. 1990/117, art. 3(b); S.I. 2001/3419, art. 2(a)(c)