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30 A contract or transaction with the Authority is not invalid merely because

  • (a) a director or senior officer of the Authority has an interest, direct or indirect, in the contract or transaction,
  • (b) a director or senior officer of the Authority has not disclosed an interest the director or senior officer has in the contract or transaction, or
  • (c) the directors have not approved the contract or transaction in which a director or senior officer of the Authority has an interest.

2004-66-30, effective November 19, 2004 (B.C. Reg. 496/2004); 2023-10-483.