Amendment status not verified — confirm the current text below against the official source.
T rustces and associated members of Board or Committee not to take part in proceedmgs tn which they are personally interested.-( I) A Trustee who- ( a) has directly or indirectly, by himself or by any partner, employer or employee, any such share or interest as is described in sub-section (2) of section 7 in respect of any matter, or (b) has acted professionally, in relation to any matter, on behalf of any person having therein any such share or interest as aforesaid, 17 shall not vote or take any other part in any proceeding of the Board or any Committee relating to such matter. 6- (2) If any Trustee or any person associated w1th the lloard under section 17, or any other member of a Committee appointed under section 18, has, dtrectly or indtrectly, any beneficial mtct rst in any land situated in an area compnsed in any tmprovement ~chrme framed undrr thi, Act, or in an area m whtch it is proposctl to a<'qUlre land for any of the purposes of this Act.- (i) he shall, before taking part in any proceeding nt a meeting of the Board or any C'.ommittee relating to such area, inform the person presiding at the meeting of the nature of such intetest; (ii) he shall not vote at any meeting of the Board or any Com- mittee upon any resolution or question relating to such land; and (iii) he shall not take any other part in any p10ceecling relating to such area at a meeting of the Board or any Committee, if the person presiding at the meeting considers it inexpedtent that he should do so.