Iskandar Regional Development Authority Act 2007 · Updated to 1 Nov 2012 · Part II · The Authority
13. Disclosure of interest
Official textFrom Laws of Malaysia Online, unchanged
Any member of the Authority, the Approvals and
Authority
“Authority” means the Iskandar Regional Development Authority established under section 3;
Implementation Committee or a committee who has or acquires a direct or indirect interest by himself, through a member of his family or his associate in relation to any matter under discussion by the Authority or the Approvals and Implementation Committee or the committee shall disclose to the Authority, the Approvals and Implementation Committee or the committee, as the case may be, the fact of his interest and the nature of that interest.
committee
“committee” means a committee established by the Authority under section 14;
A disclosure under subsection (1) shall be recorded in the minutes of the meeting of the Authority, the Approvals and
Approvals
“Approvals” means licences, permits or passes, registrations and other approvals including those related to the admission into, and departure from, Malaysia, of non-Malaysian citizens, and for tax, customs and excise duties and other fiscal incentives, required for or in connection with trade, investment and development in the Iskandar Development Region;
Implementation Committee or the committee, as the case may be, in which the matter is discussed and, after the disclosure, the member—
shall not be present or take part in any discussion or decision of the Authority, the Approvals and Implementation
Committee or the committee, as the case may be, about the matter; and
shall be disregarded for the purpose of constituting a quorum of the Authority, the Approvals and Implementation
Committee or the committee, as the case may be, when the matter is discussed or decided upon.
Any member of the Authority, the Approvals and
Implementation Committee or a 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.
No act or proceedings of the Authority, the Approvals and
Implementation Committee or a committee shall be invalidated on the ground that any member of the Authority, the Approvals and Implementation Committee or the committee has contravened this section.
Approvals and Implementation Committee
“Approvals and Implementation Committee” means the Approvals and Implementation Committee established under section 30;
For the purpose of this section—
“a member of his family”, in relation to a member of the
Authority, the Approvals and Implementation Committee or a committee, includes—
his spouse;
his parent including a parent of his spouse;
his child including an adopted child or stepchild;
his brother or sister including a brother or sister of his spouse; and
a spouse of his child, brother or sister; and
“associate”, in relation to a member of the Authority, the
Approvals and Implementation Committee or a committee, means—
a person who is a nominee or an employee of the member;
a firm of which the member or any nominee of his is a partner;
a partner of the member;
a trustee of a trust under which the member or a member of his family is a beneficiary; or
any corporation within the meaning of the Companies Act 1965 [Act 125], 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.
Iskandar Regional Development Authority 19
Terms defined in s 2
Approvals and Implementation Committee
Defined · s 2“Approvals and Implementation Committee” means the Approvals and Implementation Committee established under section 30;
Authority
Defined · s 2“Authority” means the Iskandar Regional Development Authority established under section 3;
committee
Defined · s 2“committee” means a committee established by the Authority under section 14;
Part III
Chief Executive, Officers and Servants of the Authority
Part IV
Direction, Policies and Strategies for Development in the Iskandar Development Region
Part V
Co-Ordination Between Government Entities in the Iskandar Development Region
Part VI
Finance
Part VII