Companies Act 2014
Employee's duty of disclosure | ||
925. (1) An employee of the Supervisory Authority who otherwise than in his or her capacity as such employee has a material interest in a specified matter as defined in section 923 (8) shall— | ||
(a) disclose to the Supervisory Authority the fact of the interest and its nature, | ||
(b) take no part in— | ||
(i) the negotiation of the arrangement, contract or other agreement in question, or | ||
(ii) any deliberation by the Supervisory Authority or its employees relating to the matter, | ||
(c) refrain from making any recommendation relating to the matter, and | ||
(d) neither influence nor seek to influence a decision to be made in the matter. | ||
(2) Subsection (1) does not apply to contracts or proposed contracts of employment between the Supervisory Authority and its employees. | ||
(3) Where a person contravenes this section, the Supervisory Authority may— | ||
(a) terminate that person's contract of employment, or | ||
(b) amend the terms and conditions of that person's employment as it considers appropriate. |