The Disclosure Act

The Disclosure Act is a law that requires individuals, especially public officials and employees, to reveal certain financial information and interests to promote transparency and prevent conflicts of interest. Its purpose is to ensure that decisions made in government or other organizations are not improperly influenced by personal financial gain. By publicly disclosing assets, income, and other financial ties, the act helps maintain public trust and accountability, discourages corruption, and allows oversight bodies to monitor for any potential misuse of power or resources.