26Disclosure of interest on becoming member of Institute entity

26 Disclosure of interest on becoming member of Institute entity (1) When a person becomes a member of an Institute entity, he or she must disclose any of the following matters relevant to the person: (a) the name and a description of a company, association or other body of which he or she is a member or an officer or by whom he or she is employed; (b) the name and a description of a partnership of which he or she is a partner; (c) the name of a person by whom he or she is employed; (d) other interests he or she has in relation to a specified person or entity that are likely to give rise to a conflict with his or her duties as a member of the Institute entity; (e) any other information prescribed by the rules. (2) The disclosure must be made in the manner and form prescribed by the rules. (3) In making the disclosure, the person is taken to have given sufficient disclosure of any direct or indirect pecuniary interest of the person in relation to any matter that might be considered at a meeting of the Institute entity or anything that might be done by the entity after the disclosure is made. (4) If there is a change to the information disclosed, or the person acquires new interests likely to give rise to a conflict with the person's duties as a member of the Institute entity, the person must vary the disclosure accordingly: (a) in the manner prescribed by the rules; and

Part 3 Administration of Institute Division 4 General matters for Institute entities Batchelor Institute of Indigenous Tertiary Education Act 1999 24 (b) within 30 days after the change occurs or the interest is acquired. (5) The disclosure remains effective during the person's first and each successive term of office as a member of the Institute entity. (6) The Director must keep a record of all disclosures.