Perbadanan Pembangunan Bandar Act 1971 · s 14

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s 14

(1)

No person shall be eligible for employment as an officer or servant of the Perbadanan who has, directly or indirectly, by himself or his partner, any share or interest in any contract or proposed contract with, for or on behalf of the Perbadanan.

(2)

Any officer or servant of the Perbadanan who has or acquires any such share or interest shall be liable in the discretion of the Perbadanan to summary dismissal without notice.

(3)

If any officer or servant of the Perbadanan shall at the time of his appointment as such officer or servant already own or control any share or interest in any property which subsequent to his appointment as such officer or servant is included or is intended to be included in any contract or proposed contract with, for or on behalf of the Perbadanan, he shall disclose the same in writing to the Perbadanan.