Paragraph 16

(1)

A member who has any interest, direct or indirect—

(a)

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

(b)

in any other matter with which the Authority is concerned,

must declare that interest.

(2)

A member who is present at a meeting of the Authority or of any committee of the Authority at which a contract or other matter in which that member has an interest is to be considered must—

(a)

as soon as is practicable after the commencement of that meeting disclose the interest;

(b)

not vote on any question with respect to that contract or matter; and

(c)

withdraw from the meeting—

(i)

at any time if the other members of the Authority present by resolution so require; and

(ii)

in any event while a decision on that contract or matter is being made.

(3)

This paragraph does not apply to any interest—

(a)

which a member has in respect of the payment to the Authority of pilotage charges or harbour dues;

(b)

which arises in respect of the provision of harbour services or facilities affecting the trading community in general;

(c)

which a member has as an employee of a public utility undertaking or as a shareholder, not being a director of a company, unless the member possesses more than five per cent of the issued share capital of that company; or

(d)

which the other members of the Authority present at the meeting by resolution declare to be too remote.

(4)

The Authority must maintain and regularly update a register of interests declared by each member and make the register available for inspection by members of the public at all times during usual office hours.