Malaysia legislation

Section 14

of PERBADANAN PEMBANGUNAN BANDAR ACT 1971

Section 14

(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.

Section 14 — PERBADANAN PEMBANGUNAN BANDAR ACT 1971