66. (1) A member of the Council who has a personal interest or a direct or indirect pecuniary interest in a matter being considered or about to be considered by the Council shall, as soon as practicable after the relevant facts have come to his or her knowledge, disclose the nature of the interest at a meeting of the Council.
(2) A disclosure shall be recorded in the minutes of the meeting.
(3) Unless the Council otherwise determines, a member referred to in subsection (1) shall not—
(a) be present during any deliberation of the Council with respect to that matter; or
(b) take part in any decision of the Council with respect to that matter.
(4) A member referred to in subsection (1) shall not—
(a) be present during any deliberation of the Council for the purpose of considering whether to make a determination under subsection (3) in relation to that member; or
(b) take part in the making by the Council of such a determination.
(5) A person who contravenes subsection (3) or (4) is guilty of an offence punishable on conviction by a fine not exceeding $2,000.