Malaysia legislation
Section 14
Section 14
(2)
A disclosure under subsection (1) shall be recorded in the minutes of the meeting of the Authority or relevant committee, as the case may be, in which the matter is discussed and, after the disclosure, the member—
(a)
shall not be present in any discussion or during decision making of the Authority or relevant committee, as the case may be, about the matter; and
(b)
shall be disregarded for the purpose of constituting a quorum of the Authority or relevant committee, as the case may be, when the matter is discussed or decided upon.
(3)
Any member of the Authority or relevant committee who fails to disclose his interest as provided under subsection (1)
commits an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding two years or to both.
(4)
No act or proceedings of the Authority or relevant committee shall be invalidated on the ground that any member of the Authority or relevant committee has contravened this section.
(5)
For the purpose of this section—
“a member of his family”, in relation to a member of the
Authority or a committee, includes—
(a)
his spouse;
(b)
his parent, including a parent of his spouse;
(c)
his child, including an adopted child or stepchild;
Northern Corridor Implementation Authority 21
(d)
his brother or sister, including a brother or sister of his spouse; and
(e)
a spouse of his child, brother or sister; and
“associate”, in relation to a member of the Authority or a committee, means—
(a)
a person who is a nominee or an employee of the member;
(b)
a firm in which the member or any nominee of his is a partner;
(c)
a partner of the member;
(d)
a trustee of a trust under which the member or a member of his family is a beneficiary; or
(e)
any corporation within the meaning of the *Companies Act 2016 [Act 777], of which the member or any nominee of his or a member of the member’s family is a director or has a substantial shareholding in the corporation.
The Authority may establish committees