Malaysia legislation
Section 23
Section 23
(1)
No person shall be eligible for employment as an officer or servant of the Corporation who has, directly or indirectly, by himself or his partner, any share or interest in any contract with, for or on behalf of the Corporation.
(2)
Any officer or servant of the Corporation who has or acquires any such share or interest shall be liable in the discretion of the Corporation to summary dismissal without notice.
(3)
No officer or servant shall be deemed to have or acquire any such share or interest by reason only that—
(a)
he is or becomes a member of an incorporated company which owns land situated in Sabah or has a contract with or executes work for the
Corporation; or
(b)
he has or acquires a share in any loan, issued by the Corporation or in any security for the same.