Construction Industry Reform and Development Act 1992
27Disclosure of interests
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27 Disclosure of interests
(1) A Board member who has a direct or indirect pecuniary interest in a matter being considered, or about to be considered, by the Board must, as soon as possible after the relevant facts have come to the member's knowledge, disclose the nature of the interest at a meeting of the Board. (2) The disclosure must be recorded in the minutes of the meeting and, unless the Minister or the Board otherwise determines, the Board member must not: (a) be present during any deliberation of the Board in relation to the matter; or (b) take part in any decision of the Board in relation to the matter. (3) For the purpose of the making of a determination by the Board under subsection (2) in relation to a Board member who has made a disclosure under subsection (1), the Board member must not: (a) be present during any deliberation of the Board for the purpose of the making of the determination; or (b) take part in the making by the Board of the determination.