Disclosure of assets by holders of certain offices

(1) In addition to the President and members of the Cabinet as provided by section 88 (3), the holders of the following offices, that is to say— (a) a member of the National Assembly; (b) a public officer of such senior grade or position as shall be specified under subsection (2); (c) an officer of such senior grade or position as shall be specified under subsection (2), of— (i) a corporation, board, commission, council, or similar body established by or under an Act of Parliament; (ii) any other body, corporate or unincorporate which in accordance with any Act of Parliament is subject to the same statutory procedures for financial control and accountability as apply in common to a body referred to in subparagraph (i), shall, within three months from the date of his or her election, nomi­nation or appointment, as the case may be, fully disclose all of his or her assets, liabilities and business interests and those of his or her spouse held by him or her or on his or her behalf as at that date; and, unless Parliament otherwise prescribes by an Act of Parliament, such disclosure shall be made in a written document delivered to the Speaker of the National Assembly who shall immediately upon receipt deposit the document with such public office as may be specified in the Standing Orders of Parliament. (2) For the purpose of paragraphs (c) and (d) of subsection (1), the National Assembly shall specify the grades and positions of the officers required to disclose assets in accordance with that subsection, and shall do so by resolution passed by the majority of the members present and voting and which shall be published in the Gazette . (3) Notwithstanding subsection (1), in the case of those persons who, at the commencement of this section, hold the offices to which this section applies, the period within which they shall comply with subsection (1) shall be a period of three months— (a) from the commencement of this section, in the case of members of the National Assembly; (b) from the date of the publication of the resolution under subsection (2), in the case of others. (4) There shall be a Committee of Parliament appointed by the National Assembly which shall have the function of monitoring the compliance with the requirement on the disclosure of assets under section 88 (3) and under this section and the Committee shall have all the powers necessary to perform its function. [1 of 1997; 4 of 2001]