OpenLegislation

Paragraph 5 Declaration of interests

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

If a Commissioner has any interest, direct or indirect—

(a)

in any contract or proposed contract to which the Commissioners are or would be a party or is a director of a company or body with which the contract or proposed contract is made or proposed to be made; or

(b)

in any other matter with which the Commissioners are concerned,

he shall declare that interest.

(2)

If a Commissioner is present at a meeting of the Commissioners or of any committee of the Commissioners at which a contract or other matter in which he has an interest is to be considered he shall—

(a)

so soon as is practicable after the commencement of that meeting disclose his 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 Commissioners present by resolution require him so to do; and,

(ii)

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

(3)

This paragraph shall not apply to any interest—

(a)

which a Commissioner has in respect of the payment to the Commissioners of harbour dues;

(b)

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

(c)

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

(d)

which the Commissioners present at the meeting by resolution declare to be too remote.