Section 32: Conflict of interest

32. Conflict of interest (1) Where— (a) a member; (b) a member of the Standards Committee; (c) a member of the Complaints Committee; or (d) the spouse or any child of a member specified in paragraphs (a) to (c), has a pecuniary or other material interest in a matter to be determined by the Authority, the Standards Committee or the Complaints Committee, as the case may be, that person shall, at or before the meeting at which the matter is to be considered, disclose the interest and not take part in the determination. (2) No employee of the Authority shall own or acquire an interest in the activities of a licensee. (3) Where an interest in a licensee devolves upon an employee of the Authority, by inheritance or otherwise, he shall, unless the Authority otherwise determines, forthwith dispose of that interest. I6 – 15 [Issue 1] Independent Broadcasting Authority Act