# Housing and Regeneration Act 2008, Paragraph 9


(1) A member of the HCA who is directly or indirectly interested in any matter arising at a meeting of the HCA must disclose the nature of that interest to the meeting.
(2) A member of a committee or sub-committee of the HCA who is directly or indirectly interested in any matter arising at a meeting of the committee or sub-committee must disclose the nature of that interest to the meeting.
(3) In the case of a matter disclosed under this paragraph by a member of the HCA or of a committee or sub-committee, the member—
(a) must not take part in any deliberation or decision about the matter if it is a contract or agreement of any description, but
(b) may otherwise take part in any deliberation or decision about the matter unless at least one-third of the other members at the meeting decide that the interest disclosed might prejudicially affect the member's consideration of the matter.

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Source: https://www.legislation.gov.uk/ukpga/2008/17/schedule/1/paragraph/9 (the official version)
Page: https://openlegislation.uk/housing-and-regeneration-act-2008/schedule-1/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.