PART III

24

Disability of councillors for voting on account of interest in contracts, 80.

3.76

39.- (1) If a member of the Council has any pecuniary

interest, direct or indirect, in any contract or proposed

contract or other matter, and is present at a meeting of the

Council at which the contract or other matter is the subject

of consideration, he shall at the meeting, as soon as

practicable after the commencement thereof, disclose the fact,

and shall not take part in the consideration or discussion of,

or vote on any question with respect to, the contract or

other matter:

Provided that this section shall not apply to an interest

in a contract or other matter which a member may have as a

ratepayer or inhabitant of the area, or as an ordinary consumer

of gas, electricity, or water, or to an interest in any

matter relating to the terms on which the right to participate

in any service, including the supply of goods, is offered to

the public.

(2) For the purposes of this section a person shall

(subject as hereinafter in this sub-section provided) be

treated as having indirectly a pecuniary interest in a contract

or other matter, if

(a)

he or any nominee of his is a member of company

or other body with which the contract is made or is

proposed to be made or which has a direct pecuniary

interest in the other matter under consideration; or

(b) he is a partner, or is in the employment, of a

person with whom the contract is made or is proposed

to be made or who has a direct pecuniary interest in

the other matter under consideration:

Provided that

-

(i) this sub-section shall not apply to membership

of, or employment under, any public body;

(ii) a member of a company or other body shall not,

by reason only of his membership, be treated

as being so interested if he has no beneficial

interest in any shares or stock of that company

or other body.

(21)

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