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As enacted
Contents

Part I · Establishment of the Authority

6. Conflict of interests of the members

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

The Minister shall, prior to appointing a person as a member of the Authority, satisfy himself that such person has no financial or other conflict of interest in the affairs of the Authority, as is likely to affect adversely, the discharging of his functions as a member of the Authority.

(2)

The Minister shall also satisfy himself, from time to time, that no member of the Authority has since being appointed acquired any such interest.

(3)

The person to be appointed as a member of the

Authority shall be a person who has not been engaged in any employment or assignment in the pharmaceutical industry within the period of three years immediately prior to such appointment.

(4)

No person shall engage in any employment or assisgnment in the pharmaceutical industry within the period of three years immediately after such person ceased to be a member of the Authority.

(5)

(a)

A member of the Authority who is in any way, directly or indirectly interested in any contract made or proposed to be made by the Authority shall disclose the nature of his interest at a meeting of the Authority; and

(b)

Such disclosure shall be recorded in the minutes of the Authority and the member shall not participate in any deliberation or decision of the Authority with regard to that contract.

(6)

Minister may make regulations to further specify and give effect to the provisions of this section.

(7)

For the purposes of this section-

“a member of the Authority” includes the Chairman, an appointed member and an ex-officio member;

and

“conflict of interest” includes any dealing with any company or undertaking which engages in manufacturing, importation, distribution or sale of medicines, medical devices, borderline products or investigational medicinal products.

Part II

Appointment of Chief Executive Officer and Staff of the Authority

Part III

Finance

Part IV

General

Part V

General

Part VI

Rules and Regulations

Part VII

Repeals and Transitional Provisions

Part VIII

Interpretation