s 10A No person having interest to be appointed as member or employed as officer or servant of the Lembaga
(1) Subject to subsection (2), no person shall be appointed as a member or be employed as an officer or a servant of the Lembaga if he has any interest, directly or indirectly, in— (a) an enterprise in which the Lembaga has entered or proposes to enter into equity participation pursuant to paragraph 4(2)(k); (b) a corporation or company established, promoted, expanded or registered pursuant to subsections 4(3) and 4(4); or (c) a company or an undertaking with which the Lembaga or an enterprise, a corporation or company mentioned in paragraph (a) or (b) proposes to make a contract or has made a subsisting contract. (2) Notwithstanding subsection (1) and subject to subsection (3), such person may be appointed as a member of the Lembaga under paragraph 3(3)(h) but in so appointing him the Minister may impose any conditions or restrictions the Minister may deem fit. (3) Prior to his being appointed as a member or being employed as an officer or a servant of the Lembaga, every person shall disclose fully— (a) to the Minister in the case of a person to be appointed as a member; and (b) to the Lembaga in the case of a person to be employed as an officer or a servant, any such interest as is mentioned in subsection (1), and on his being so appointed or employed, such person shall not further acquire any such interest. (4) Subject to subsection 10b(1), a member who is appointed or an officer or a servant who is employed contrary to subsection (1), or who on being appointed or employed further acquires any such interest, shall have his appointment revoked forthwith by the Minister or his employment terminated by the Lembaga without notice, as the case may be. (5) Any person, member, officer or servant who contravenes this section, section 10b or a condition or restriction imposed under this section or section 10b commits an offence and shall be liable on conviction to imprisonment for a term not exceeding five years or to a fine not exceeding twenty-five thousand ringgit or to both. (6) For the purposes of this section and section 10 b , the having or acquiring of any such interest as is mentioned in subsection (1) by his spouse or any of his children shall be deemed to give the person, member, officer or servant concerned an indirect interest.