13Disclosure of interests

13 Disclosure of interests

(1) If—

(a) a member has a direct or indirect pecuniary interest in a matter being considered, or about to be considered, by the Corporation; and

(b) the interest could conflict with the proper performance of the member's duties in relation to the consideration of the matter—

the member, as soon as practicable after the relevant facts come to the member's knowledge, must disclose the nature of the interest at a meeting of the Corporation.

(2) A disclosure under subsection (1) must be recorded in the minutes of the meeting and the member—

(a) must not be present during any deliberation of the Corporation in relation to the matter; and

(b) must not take part in any decision of the Corporation in relation to the matter.

(3) Subsection (1) does not apply in relation to a matter relating to the supply of goods or services to the member if the goods or services are, or are to be, available to members of the public on the same terms and conditions.

S. 14 substituted by No. 39/2025 s. 19.