s.17Disclosure of member's interests
17
Section 17Part 2 — THE CAYMAN ISLANDS LEGAL SERVICES COUNCIL

Disclosure of member's interests

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If an appointed member has a conflict of interest in a matter to be dealt with by the Council, the appointed member shall disclose the fact to the other members of the Council and shall not be present at a meeting of the Council when the matter is being discussed by the Council.
An appointed member who contravenes subsection (1) commits an offence and is liable —
on summary conviction to a fine of twenty thousand dollars or to imprisonment for a term of two years, or to both; or
on conviction on indictment to a fine of fifty thousand dollars or to imprisonment for a term of five years or to both.
It is a defence for the member of the Council to prove that the member did not know and could not reasonably have known that the matter in which the member had an interest was the subject of consideration at the meeting.
A disclosure under subsection (1) shall be recorded in the minutes of the meeting of the Council.
If the Council is —
investigating or determining a complaint against an attorney-at-law;
hearing an application by a former attorney-at-law to have the attorney-at-law's name restored to the Roll; or
hearing an application by an attorney-at-law to have a period of suspension of the attorney-at-law's right to practise terminated,
an appointed member is to be treated as having a conflict of interest if the appointed member is a partner, director, shareholder, employee, associate or consultant of the law firm of which the attorney-at-law or former attorney-at-law is or was a partner, director, shareholder, employee, associate or consultant, or the appointed member is the spouse or civil partner, as defined by section 2 of the Civil Partnership Act, 2020, of the attorney-at-law or former attorney-at-law.

Defined Terms

conflict of interest

Cross References