Sch 1 s 14Disclosure of conflicts of interest

Sch 1 s 14 Disclosure of conflicts of interest

14 Disclosure of conflicts of interest

(1) A member must disclose the nature of a conflict of interest at a meeting of the Advisory Committee as soon as practicable after the member becomes aware of the conflict of interest.

(2) A member has a conflict of interest if—

(a) the member has a direct or indirect pecuniary interest in a matter being, or about to be, considered at a meeting of the Advisory Committee, and

(b) the interest appears to raise a conflict with the proper performance of the member’s duties in relation to the consideration of the matter.

(3) A disclosure by a member of one of the following is a sufficient disclosure of the nature of a conflict of interest in a matter relating to a specified corporation or other specified body, or a specified person, which may arise after the disclosure is made—

(a) the member is a member of, or employed by, the specified corporation or other specified body,

(b) the member is a partner of, or employed by, the specified person,

(c) the member has another interest relating to the specified corporation or other specified body, or the specified person.

(4) A member who has made a disclosure under subsection (1) must not, unless the Minister or the Advisory Committee otherwise determines—

(a) be present during a deliberation of the Advisory Committee about the matter the disclosure relates to, or

(b) take part in a decision of the Advisory Committee about the matter.

(5) A member who has a pecuniary interest in the matter to which the disclosure relates must not—

(a) be present during a deliberation of the Advisory Committee about the making of a determination under subsection (4), or

(b) take part in making the determination.

(6) A contravention of this section does not invalidate a decision of the Advisory Committee.

(7) This section applies to a subcommittee member and a subcommittee in the same way this section applies to a member and the Advisory Committee.