sec.60SConflicts of interest

### sec.60S Conflicts of interest If the chief executive officer has an interest that conflicts, or may conflict, with the discharge of the officer’s responsibilities, the officer— must disclose the nature of the interest and conflict to the board as soon as practicable after the relevant facts come to the officer’s knowledge; and must not take action or further action concerning a matter that is, or may be, affected by the conflict unless authorised by the board. The board may direct the chief executive officer to resolve a conflict or possible conflict between an interest of the officer and the officer’s duties. s 60S ins 2007 No. 59 s 38 sub 2016 No. 36 s 21 (sec.60S-ssec.1) If the chief executive officer has an interest that conflicts, or may conflict, with the discharge of the officer’s responsibilities, the officer— must disclose the nature of the interest and conflict to the board as soon as practicable after the relevant facts come to the officer’s knowledge; and must not take action or further action concerning a matter that is, or may be, affected by the conflict unless authorised by the board. (sec.60S-ssec.2) The board may direct the chief executive officer to resolve a conflict or possible conflict between an interest of the officer and the officer’s duties. - (a) must disclose the nature of the interest and conflict to the board as soon as practicable after the relevant facts come to the officer’s knowledge; and - (b) must not take action or further action concerning a matter that is, or may be, affected by the conflict unless authorised by the board.