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(1) A member of die Board who has an interest in a matter for consideration

(a) shall disclose the nature of the interest and die disclosure shall form part of die record of die consideration of die matter; and

(b) shall not participate in the deliberations of the Board in respect of that matter.

(2) A member ceases to be a member of the Board, if that member has an interest in a matter before the Board and

(a) fails to disclose that interest, or

(b) participates in the deliberations of die matter.