(1) Where a commissioner or a member of the staff of the Manager or a member of a committee has a pecuniary interest or other beneficial interest in, and material to, any matter which falls to be considered by the Commission, the Manager or a committee, he or she shall -
(a) disclose to the Commission or, as the case may be, the Manager or the committee the nature of his or her interest in advance of any consideration of the matter,
(b) neither influence nor seek to influence a decision to be made in relation to the matter,
(c) take no part in any consideration of the matter, and
where relevant -
(d) absent himself or herself from the meeting or that part of the meeting during which the matter is discussed, and
(e) not vote on a decision relating to the matter.
(2) Where an interest is disclosed pursuant to this section, the disclosure shall, where relevant, be recorded in the minutes of the meeting of the Commission or the committee concerned, or otherwise duly recorded and the C