(1) A member of the Board 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 Board in respect of the 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) is present at or participates in the deliberations of the matter.