Section 10Part 2 — Establishment and Administration of National Roads Authority
Director's pecuniary interests
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For the purposes of section 9, a director shall be treated as having an indirect pecuniary interest in a contract, proposed contract, licence or other matter if —
that director or any nominee of that director is a member of a company or other body which has a direct or indirect pecuniary interest in the contract, proposed contract, licence or other matter under consideration;
that director is a partner, or in the employment of a person with whom the contract was made or is proposed to be made, or who has a direct or indirect pecuniary interest in the contract, proposed contract, licence or other matter under consideration; or
that director or any partner of that director is a professional adviser to a person who has a direct or indirect pecuniary interest in a contract, proposed contract, licence or other matter under consideration.
Subsection (1) does not apply to membership of, or employment by, any public body.
In the case of married persons, or persons in a civil partnership, the interest of one spouse or civil partner shall be deemed, for the purpose of section 9, to be also the interest of the other.
The Cabinet may, subject to such conditions as it may think fit, appoint persons to act as directors for any specified period, in any case in which the number of directors disabled by section 9 at any one time would be so great a proportion of the whole as to impede the transaction of business by the Board.
Defined Terms
indirect pecuniary interestdirect pecuniary interest