Section 7a is a rule against conflicts of interest for public officials and employees, prohibiting them from benefiting from transactions under their approval. It's a provision designed to prevent corruption and uphold fair practices.
The given Section 7a pertains to the rules of conduct for public officials and employees. The clause specifically prohibits them from having a financial or material interest in any transaction that requires the approval of their office.
Essentially, this is a rule against conflicts of interest, designed to prevent corruption and ensure that decisions are made in the best interests of the public, not the private interests of officials.
For example, if a city council member owns a construction company, they cannot profit from a contract that is subject to vote by the council. They must recuse themselves from such votes to avoid corrupt practices.
Complete question:-
Section 7a: Public officials and employees shall not, directly or indirectly, have any financial or material interest in any transaction requiring the approval of their office. Write about section 7a.