(a) such remuneration, if any, as the Minister, may from time to time fix for members
generally; and
(b) such allowances, if any, as the Minister, may from time to time fix to meet any
reasonable expenses incurred by members in connection with the business of the
Board.
Members to disclose certain connections and interests
9.(1) In this paragraph—
“relative” , in relation to a member, means the member’s spouse, child, parent, brother or
sister.
(2) Subject to subparagraph (4)—
(a) if a member of the Board—
(i) knowingly acquires or holds a direct or indirect pecuniary interest in any matter
that is under consideration by the Board; or
(ii) owns any property or has a right in property or a direct or indirect pecuniary
interest in a company or association of persons which results in the member’s
private interests coming or appearing to come into conflict with his functions as
a member; or
(iii) knows or has reason to believe that a relative of his—
A. has acquired or holds a direct or indirect pecuniary interest in any matter
that is under consideration by the Board; or
B. owns any property or has a right in property or a direct or indirect
pecuniary interest in a company or association of persons which results
in the member’s private interests coming or appearing to come into
conflict with his functions as a member;
or
(b) if for any reason the private interests of a member come into conflict with his functions
as a member;
the member shall forthwith disclose the fact to the Board.
(3) A member referred to in subparagraph (2) shall take no part in the consideration or
discussion of, or vote on, any question before the Board which relates to any contract, right,
immovable property or interest referred to in that subparagraph.
(4) Any person who contravenes subparagraph (2) or (3) shall be guilty of an offence and
liable to a fine not exceeding ten thousand dollars or to imprisonment for a period not exceeding
three months or to both such fine and such imprisonment.
Validity of decisions and acts of Board
10. No decision or act of the Board or act done under the authority of the Board shall be
invalid on the ground that—
(a) the Board consisted of fewer than the minimum number of persons prescribed in
subsection (1) of section forty; or

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