(1) A member of the Council who has an interest in a matter for consideration shall

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

(b) not be present at or participate in the deliberations of the Council in respect of the 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) fails to recuse himself or herself and participates in the deliberation of the Council in respect of the matter.