(1) A member of the Council who has an interest in a matter for consideration
(a) shall disclose the nature of the interest and the disclosure shall form part of the record of the consideration of the matter; and
(b) shall not participate in the deliberations of the Council in respect of that matter.
(2) A member ceases to be a member of the Council, if that member has an interest in a matter before the Council and
(a) fails to disclose that interest, or
(b) Participates in the deliberations of the matter.