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Section 22: Disclosure of interest

Investment Promotion Act · PART V: ADMINISTRATION

consolidated text (as at 2017). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

22. Disclosure of interest (1) Where any member of the Board, a technical committee or the Managing Director or his spouse or next of kin has any direct or indirect interest in relation to any matter before the Board or committee, as the case may be, he shall— (a) disclose at or before the meeting convened to discuss that matter, the nature of his interest; and (b) not take part in any deliberation or any decision-making process in relation to that matter. (2) A disclosure of interest made under this section shall be recorded in the minutes of the Board or committee, as the case may be.

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