Singapore legislation
Section 7
Section 7
Disclosure of interest
(1)
If a member of the Board or a member of the Council is, directly or indirectly, interested in any contract or other matter and is present at a meeting of the Council or the Board or any committee thereof, at which the contract or other matter is the subject of consideration, the member shall, at the meeting and as soon as practicable after it commences, disclose the fact and shall not thereafter be present during the consideration or discussion of, and shall not vote on, any question with respect to that contract or other matter.
(2)
No act or proceedings of the Council or the Board shall be questioned on the ground that any of its members has contravened this section.