Cap. 343 Art. 55Conflict of interest.

(1) A director, officer, employee, agent or consultant of the Corporation who is in any way directly or indirectly interested in any contract made or proposed to be made by the Corporation or in any activity or service to be provided for or by the Corporation, shall as soon as possible after the relevant circumstances shall have come to his knowledge, disclose the nature of his interest to the

(a) shall, after the disclosure, withdraw from the meeting while that matter is being discussed or decided by the Board; and

(b) shall be disregarded for the purpose of constituting a quorum of the Board for any such discussion or decision.

(3) The Corporation shall without delay inform the Minister of any disclosure made under this article.