Malaysia legislation
Section 9
Section 9
(1)
Save as hereinafter provided, if any member of the Board: -
(a)
has any pecuniary interest, direct or indirect, in any contract, proposed contract or other matter; or
(b)
is related within the second degree of consanguinity or affinity to any person to whom it is proposed that any scholarship should be granted or
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other educational assistance should be given, and is present at a meeting of the Board or a sub-committee at which such matter is the subject of consideration he shall, at such meeting and as soon as practicable after the commencement thereof, disclose the fact of his interest or relationship, as the case may be, and, when such matter comes up for consideration, such member shall withdraw from the meeting and shall take no further part in the proceedings in so far as such matter is concerned.
(2)
For the purposes of this section: -
(a)
the Director shall be deemed to be a member of the Board;
(b)
a person shall not be deemed to have a pecuniary interest in any matter by reason only: -
(i)
of membership of or employment under any public body; or
(ii)
of membership of a company or other body if such person has no beneficial interest in any shares of such company or body;
(c)
in the case of married persons living together, the interest of one spouse shall be deemed also to be an interest of the other spouse.
(3)
Any person who contravenes or fails to comply with the provisions of subsection
(1)
of this section shall be guilty of an offence and shall be liable to a fine of one thousand ringgit and imprisonment for six months:
Provided that a prosecution for an offence under this subsection shall not be instituted without the consent in writing of the Attorney-General.
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