Singapore legislation
Clause 7
Clause 7
Disclosure of interest in contract by members of the Authority
A member of the Authority, if he has an interest in a company or undertaking with which the Authority proposes to make any contract, or has an interest in any such contract, shall disclose to the Authority the fact of such interest and the nature thereof, and such disclosure shall be recorded in the minutes of the Authority, and such member shall take no part in any deliberation or decision of the Authority relating to such contract.