Prevention of conflicts of interests of the President and Cabinet

(1) The President and members of the Cabinet shall not hold any public office and shall not perform remunerative work outside the duties of their offices and shall, within three months from the date of election or appointment, as the case may be, fully disclose all of their assests, liabilities and business interests, and those of their spouses held by them or on their 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) Any business interests held by the President and members of the Cabinet shall be held on their behalf in a beneficial trust which shall be managed in such manner as to ensure conformity with the responsibility and duties of their offices. (3) The President and members of the Cabinet shall not use their respective offices for personal gain or place themselves in a situation where their materials interest conflict with the responsibilities and duties of their offices. [13 of 2001]