Section 36M: Disclosure of interest

36M. Disclosure of interest.—(1) A member of AOB having directly or indirectly, by himself or through a member of his immediate family, any interest in any matter directly or indirectly under discussion by AOB shall disclose to the AOB the fact and nature of his interest. (2) A disclosure under sub­section (1) shall be recorded in the minutes of the meeting of AOB and, after the disclosure, the member having an interest in the matter — (a) shall neither take part nor be present in any deliberation or decision of AOB; and (b) shall be disregarded for the purpose of constituting a quorum of AOB. (3) Any member of AOB who fails to disclose his interest as provided under sub­section (1) commits an offence and shall be liable to be removed there for by the Federal Government in accordance with the prescribed procedure.

Effective date: 1997-01-01

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