Malaysia legislation
Section 12
Section 12
(2)
A disclosure under subsection (1) shall be recorded in the minutes of the Board and, after disclosure, the director shall—
(a)
not take part in any deliberation or decision of the Board with respect to that contract or matter; and
(b)
be disregarded for the purpose of constituting a quorum of the
Board for such deliberation or decision.
(3)
No act or proceeding of the Board shall be questioned on the ground that a director has contravened the provisions of this section.
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