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31 Except as is provided in this Part, a director or senior officer of the Authority has no obligation to

  • (a) disclose any direct or indirect interest that the director or senior officer has in a contract or transaction, or
  • (b) account for any profit that accrues to the director or senior officer under or as a result of a contract or transaction in which the director or senior officer has a disclosable interest.

2004-66-31, effective November 19, 2004 (B.C. Reg. 496/2004).