sec.76Disclosure of interests

### sec.76 Disclosure of interests This section applies to a director of an invasive animal board if— the director has a direct or indirect financial or personal interest in a matter being considered, or about to be considered, by the board; and the interest could conflict with the proper performance of the director’s duties about the consideration of the matter. As soon as practicable after the relevant facts come to the director’s knowledge, the director must disclose the nature of the interest to a meeting of the invasive animal board. Maximum penalty—20 penalty units. The disclosure must be recorded in the board’s minutes. Unless the board otherwise decides, the director must not— be present when the board considers the matter; or take part in a decision of the board on the matter. Maximum penalty—20 penalty units. The director must not be present when the board is considering its decision under subsection (4) . Maximum penalty—20 penalty units. Another director who also has a direct or indirect financial or personal interest in the matter must not— be present when the board is considering its decision under subsection (4) ; or take part in making the decision. Maximum penalty—20 penalty units. In this section— financial or personal interest , for a person nominated by an entity for appointment as a director, does not include an interest the person has in common with members of the entity represented by the person. (sec.76-ssec.1) This section applies to a director of an invasive animal board if— the director has a direct or indirect financial or personal interest in a matter being considered, or about to be considered, by the board; and the interest could conflict with the proper performance of the director’s duties about the consideration of the matter. (sec.76-ssec.2) As soon as practicable after the relevant facts come to the director’s knowledge, the director must disclose the nature of the interest to a meeting of the invasive animal board. Maximum penalty—20 penalty units. (sec.76-ssec.3) The disclosure must be recorded in the board’s minutes. (sec.76-ssec.4) Unless the board otherwise decides, the director must not— be present when the board considers the matter; or take part in a decision of the board on the matter. Maximum penalty—20 penalty units. (sec.76-ssec.5) The director must not be present when the board is considering its decision under subsection (4) . Maximum penalty—20 penalty units. (sec.76-ssec.6) Another director who also has a direct or indirect financial or personal interest in the matter must not— be present when the board is considering its decision under subsection (4) ; or take part in making the decision. Maximum penalty—20 penalty units. (sec.76-ssec.7) In this section— financial or personal interest , for a person nominated by an entity for appointment as a director, does not include an interest the person has in common with members of the entity represented by the person. - (a) the director has a direct or indirect financial or personal interest in a matter being considered, or about to be considered, by the board; and - (b) the interest could conflict with the proper performance of the director’s duties about the consideration of the matter. - (a) be present when the board considers the matter; or - (b) take part in a decision of the board on the matter. - (a) be present when the board is considering its decision under subsection (4) ; or - (b) take part in making the decision.