(1) This section applies if a member has—
(a) a pecuniary interest in any matter in which the Authority is concerned; or
(b) any other substantial interest in any matter in which the Authority is concerned which the member considers might appear to raise a material conflict between the member's private interest and the member's functions as a member of the Authority.
(2) The member must—
(a) if the member is present at a meeting of the Authority at which the matter is to be considered, disclose the nature of the interest immediately before the consideration of that matter; or
(b) if the member is aware that the matter is to be considered at a meeting of the Authority at which the member does not intend to be present, disclose the nature of the interest to the chairperson or deputy chairperson of the Authority before the meeting is held.
(3) The member—
(a) may take part in the discussion in the meeting; and
(b) must leave the meeting while any vote is taken on a question relating to the matter.