Singapore legislation
Clause 24
Clause 24
Obligation to disclose interest
(1)
A member of a public body who is interested in a relevant matter relating to the public body must disclose details of the interest in accordance with section 25 as soon as practicable after the member becomes aware that he or she is interested.
(2)
A general notice of an interest —
in a relevant matter relating to the public body; or
in a relevant matter that may in future relate to the public body,that is disclosed in accordance with section 25 is a standing disclosure of that interest for the purposes of this section.
(3)
However, a standing disclosure ceases to have effect if the nature of the interest materially alters or the extent of the interest materially increases.
(4)
To avoid doubt, this section is in addition to, and not in derogation of, the operation of any rule of law restricting a member of a public body from having any interest in arrangements, agreements or contracts of the public body or from holding offices or possessing interests in conflict with his or her duties as such a member.