Part 4 — Directors and Officers of Cooperatives Division 1 Number, Qualifications and Functions of Directors
86 Continuing disclosure
transaction or proposed contract or proposed transaction if the
director or officer gives a general notice to the directors declaring
that the director or officer has an interest in a contract or
transaction or proposed contract or proposed transaction made with
an entity
(a) because the director or offi cer is a director or officer of an
entity, or acts in a similar capacity,
(b) because the dir ector or officer has a material interest in an
entity, or
(c) because there has been a change in the nature of the
director's or officer's interest in the entity.