(1) Where the President is taking part, or is to take part, in the consideration of a matter by the Tribunal and the President has or acquires any interest, pecuniary or otherwise, that could conflict with the proper performance of his or her functions in relation to the matter:
(a) the President must, in writing, disclose the interest to the Minister; and
(b) the President must not take part, or continue to take part, in the consideration of the matter, unless the Minister consents in writing.
(2) Where a member other than the President is taking part, or is to take part, in the consideration of a matter by the Tribunal and the member has or acquires an interest, pecuniary or otherwise, that could conflict with the proper performance of the member's functions in relation to the matter:
(a) the member must, in writing, disclose the interest to the President; and
(b) the member must not take part, or continue to take part, in the consideration of the matter, if the President gives a direction under subsection ( 3).
(3) Where the President becomes aware:
(a) that a member is taking part, or is to take part, in the consideration of a matter by the Tribunal; and
(b) that the member has, in relation to the consideration of the matter, an interest referred to in subsection ( 2);
then, if the President considers that the member should not take part, or continue to take part, in the consideration of the matter, the President is to give a direction in writing to the member accordingly.