Sri Lanka Consolidated Acts

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Sri Lanka Institute Of Co-operative Management Act (No. 37 of 1983) - Sect 18

Member of the Board to disclose interest in contract proposed to be made by the Institute,

18. A member who is directly or indirectly interested in a contract proposed to be made by the Institute shall disclose the nature of his interest at a meeting of the Board. The disclosure shall be recorded in the minutes of such Board and that member shall not take part in any deliberation or decision of such Board with respect to such contract.

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