Article J18 Disclosure by officers of interest in contracts

If it comes to the knowledge of an officer employed, by the Authority that a contract in which he has any pecuniary interest, whether direct or indirect (not being a contract to which he is himself a party), has been, or is proposed to be, entered into by the Authority or any committee thereof, he shall as soon as practicable give notice in writing to the Authority of the fact that he is interested therein.

For the purposes of this article an officer shall be treated as having indirectly a pecuniary interest in a contract or proposed contract if he would have been so treated by virtue of article E1 above had he been a member of the Authority.

An officer of the Authority shall not, under colour of his office or employment, accept any fee or reward whatsoever other than his proper remuneration.

Any person who contravenes the provisions of paragraphs (1) to (3) above shall be liable on summary conviction to a fine not exceeding level 4 of the standard scale.