Non-Departmental Public Bodies Act Article 8

A director or supervisor (or related person thereof) of a non-departmental public body may not conduct transactions such as sales, lease or contracting with the non-departmental public bodies. Exemptions may be made if there are justified reasons for which a special resolution has been adopted by the board of directors (council of directors).A person who violates the requirements set forth in the preceding paragraph and causes harm to the non-departmental public bodies shall be liable for compensation to the non-departmental public bodies.In the case of the proviso in Paragraph 1, the non-departmental public bodies shall disclose the contents of the special resolution adopted by the board of directors (council of directors) within 20 days after the meeting, and also file the special resolution to the supervisory authority for record.