Section 17 provides that a member of the board, staff of the National Treasury Management Agency, a consultant, adviser or other person engaged by the agency must disclose any interest in any matter in advance of any consideration of that matter by the board or agency and cannot influence a decision or take part in consideration of that matter. Any such disclosure is to be recorded in the minutes of the meeting of the board or otherwise recorded by the chief executive officer. The section also sets out in what situations a person can and cannot be regarded as having a beneficial interest.