Section 7 of The Major Port Authorities Act, 2021
Disclosure of interest.
Before appointing any person as a Chairperson, Deputy Chairperson or Member, the Central Government shall satisfy itself that the person does not have any such financial or other interests as is likely to affect prejudicially his functions as such Chairperson, Deputy Chairperson or Member: Provided that where the Chairperson, Deputy Chairperson or any Member who is not so concerned or interested at the time of occupying such office, he shall, if he becomes concerned or interested afterwards, disclose his concern or interest forthwith when he becomes so concerned or interested or at the first meeting of the Board held after he becomes so concerned or interested and resign forthwith.
Summary
- The Central Government must ensure a person has no financial or other interests that could bias their work before appointing them to the Board.
- Any person appointed must provide a signed declaration that they have no conflict of interest within thirty days of joining.
- If a Board member gains a financial interest in a port matter after they have already started their job, they must disclose it immediately.
- This disclosure must be made at the very first Board meeting that takes place after the member becomes interested in the matter.
- A member who develops such a conflict of interest is required to resign from their position immediately after disclosing it.
Practical examples
FAQ
1. What must the Government check before appointing a Member under Section 7 of The Major Port Authorities Act, 2021?
Under Section 7 of The Major Port Authorities Act, 2021, the Government must satisfy itself that the person does not have any financial or other interests likely to prejudice their functions.
2. When must a Member disclose a new conflict of interest according to Section 7 of the Major Port law?
According to Section 7 of the Major Port Authorities Act, 2021, the Member must disclose the interest immediately when it arises or at the first Board meeting held after they become interested.
3. Is a Member allowed to stay on the Board after disclosing a conflict under Section 7 of The Major Port Authorities Act, 2021?
No, Section 7 of The Major Port Authorities Act, 2021, requires the Member to resign immediately after disclosing their concern or interest.
Test yourself
1.Under Section 7 of The Major Port Authorities Act, 2021, what is the mandatory action for a Member who develops a disqualifying interest?
2.When must a disclosure of interest be made if it is not made immediately under Section 7 of the Major Port law?
3.Who is responsible for checking a candidate's background for conflicts under Section 7 of The Major Port Authorities Act, 2021?
4.According to the rules in Section 4 and Section 7 of the Major Port law, how many days does a new appointee have to declare they are not ineligible?