Malaysia legislation
Section 13
Section 13
(a)
any share or interest—
(i)
in any contract made with, or work done for, the
Board; or
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(ii)
in any company or firm with which, or with any person with whom, or in respect of any undertaking with which, the Board proposes to enter into any contract; or
(b)
any beneficial interest in land proposed to be acquired, purchased, leased or otherwise dealt in by the Board or which he knows to be affected, or is likely to be affected by any project, scheme or enterprise approved or proposed to be approved by the Board, shall declare the nature and extent of his share or interest to the
Board.
(2)
The declaration required to be made by a member by subsection
(1)
shall be made at a meeting of the Board at which any question relating to such contract, acquisition, purchase, lease, dealing, project or scheme is first taken into consideration, or if such member had not at the date of such meeting any such share or interest, at the next such meeting held after he acquired such share or interest, and in a case where such member acquires any such share or interest in any contract with the Board after it has been made, the said declaration shall be made at the first such meeting held after such member acquires such share or becomes so interested.
(3)
For the purposes of this section, a general notice given to the other members by a member to the effect that he is a member of any specified company or firm and is to be regarded as interested in any contract which may, after the date of the notice, be made with or by that company or firm, shall be deemed to be a sufficient declaration of interest in relation to any contract so made:
Provided that such notice shall be of no effect unless either it is given at a meeting of the Board or the member concerned takes reasonable steps to secure that it is brought up and read at the next meeting of the Board after it is given.
(4)
Every declaration made in pursuance of this section shall be recorded in the minutes of the meeting at which it was made or read.
(5)
A member shall not vote upon any resolution or question relating to any contract, acquisition, purchase, lease, dealing, project or scheme in which he has any share or interest, whether or not he has declared the same, nor shall he take part in any deliberation
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(except by the invitation of the Board) or decision relating thereto or to any matter incidental thereto, and if he shall do so his vote shall not be counted nor shall he be counted in the quorum present at the meeting.
(6)
The provisions of this section shall apply, with such adaptations and modifications as may be necessary to make it applicable and effective, to a member of a committee or sub-committee appointed by the Board in respect of any contract or any acquisition, purchase, lease or dealing in land or any project or scheme with which such committee or sub-committee is concerned in the same manner as it applies to a member in respect of the like matters in relation to the Board.
Powers of the Minister in relation to the Board