# The School Companies Regulations 2002, Regulation 7: Procedure in meetings of the directors if a director has an interest in a matter to be discussed


The constitution of a school company must provide that whenever a director has an interest, whether pecuniary or non-pecuniary, in a matter to be discussed at a meeting of the directors or a committee, the director concerned must:–
(a) declare an interest at the time that, or before, discussion begins on the matter;
(b) withdraw from the meeting for that item;
(c) not be counted in the quorum for that part of the meeting; and
(d) withdraw during the vote and have no vote on the matter.

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Source: https://www.legislation.gov.uk/uksi/2002/2978/regulation/7 (the official version)
Page: https://openlegislation.uk/school-companies-regulations-2002/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.