16.—(1) A member of the Council's staff (including the chief executive officer) who, otherwise than in his or her capacity as such a member, has a material interest in a specified matter as defined in section 15(1) shall—

(a) disclose to the Council the nature of that interest,

(b) take no part in the negotiation of the arrangement, contract or other agreement concerned or in any deliberation by the Council or its employees relating to that matter,

(c) refrain from making any recommendation relating to the matter, and

(d) neither influence nor seek to influence a decision to be made in relation to the matter.

(2) Subsection (1) does not apply to contracts or proposed contracts of employment of the members of the Council's staff with the Council.

(3) If a person fails to comply with this section, the Council may make such alterations to the person's conditions of employment as it considers appropriate or may terminate the person's contract of employment.