(1) This section applies to a person who is -

(a) a member of the Board, or

(b) a member of any committee of the Board,

where that person or a connected person has a material interest in any matter which falls to be considered by the Board or a committee of the Board.

(2) A person to whom this section applies -

(a) shall, in advance of any consideration of the matter, disclose that material interest to the Board or the committee of the Board concerned,

(b) shall take no part in the deliberation in relation to the matter,

(c) shall withdraw from a meeting at which the matter is being considered for so long as it is being so considered and shall not be counted towards a quorum for any question at the meeting on which a vote is required,

(d) shall not influence or seek to influence a decision to be made in relation to the matter,