21 (2) The remuneration of a member of the Board or of a committee of the Board shall not, without the member’s consent, be altered to his detriment during his tenure of office. 16 Members of Board and committees to disclose certain connections and interests (1) In this section— “relative” , in relation to a member of the Board or a committee, means the member’s spouse, child, parent, brother or sister. (2) Subject to subsection (4)— (a) if a member of the Board or of a committee⎯ (i) knowingly acquires or holds a direct or indirect pecuniary interest in any matter that is under consideration by the Board or the committee; or (ii) owns any property or has a right in property or a direct or indirect pecuniary interest in a company or association of persons which results in the member’s private interests coming or appearing to come into conflict with his functions as a member; or (iii) knows or has reason to believe that a relative of his— A. has acquired or holds a direct or indirect pecuniary interest in any matter that is under consideration by the Board or the committee; or B. owns any property or has a right in property or a direct or indirect pecuniary interest in a company or association of persons which results in the member’s private interests coming or appearing to come into conflict with his functions as a member; or (b) if for any reason the private interests of a member of the Board or of a committee come into conflict with his functions as a member; the member shall forthwith disclose the fact to the Board or to the committee, as the case may be. (3) A member referred to in subsection (2) shall take no part in the consideration or discussion of, or vote on, any question before the Board or the committee, as the case may be, which relates to any contract, right, immovable property or interest referred to in that subsection. (4) Any person who contravenes subsection (2) or (3) shall be guilty of an offence and liable to a fine not exceeding level four 6 or to imprisonment for a period not exceeding three months or to both such fine and such imprisonment. 17 Validity of decisions and acts of Board No decision or act of the Board or act done under the authority of the Board shall be invalid on the ground that⎯ (a) the Board consisted of fewer than the minimum number of persons prescribed in subsection (1) of section six; or 6 Subsection amended by s. 4 of Act 22/2001.