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(1) A member of Parliament shall be paid such salary and allowances and provided with such facilities as may be determined in accordance with article 71 of this Constitution.

(2) A member of Parliament shall not hold any office of profit or emolument, whether private or public and either directly or indirectly, unless permitted to do so by the Speaker acting on the recommendations of a committee of Parliament on the grounds that—

(a) holding that office will not prejudice the work of a member of Parliament; and

           (b) no conflict of interest arises-or would arise as a result of the member holding that office.