What do you mean by declaration of interest in section 40 rule 130

Answer 1

In section 40 rule 130, the declaration of interest refers to a requirement for a person to disclose any potential conflicts of interest they may have when making a decision or recommendation that could impact others. This declaration is important to ensure transparency, fairness, and ethical behavior in decision-making processes. Failure to disclose a conflict of interest can lead to accusations of bias or unethical behavior.