Members not to participate in certain discussions

(1) Any member of the Authority or Building Unit who has personal interest in any matter which comes before the Authority or Building Unit for discussion at any meeting of the Authority, during any time when he is present at that meeting, shall forthwith declare that interest and shall withdraw from the meeting and remain absent whilst the matter is under discussion. (2) The Secretary or the duly designated employee of the Building Unit, as the case may be, shall maintain a book or register in such form as is approved by the Minister acting in his discretion in which he shall record particulars of any declaration of interest pursuant to sub-section (1) and that register shall be open to inspection by the public. (3) Any member of the Authority who– (a) knowingly fails to declare any interest he is obliged by sub-section (1) to declare; (b) having declared such interest in accordance with sub-section (1) fails to withdraw from the meeting; or (c) having withdrawn from the meeting in accordance with sub-section (1), returns to 15 that meeting during a time he is required by sub-section (1) to absent himself from the commits an offence and is liable on conviction to a fine of “twenty thousand dollars and to imprisonment for a term not exceeding three years.