17Director must disclose interest

17 Director must disclose interest

(1)  If a Homes Tasmania director has a material personal interest in a matter being considered, or about to be considered, by the Homes Tasmania Board, the Homes Tasmania director must, as soon as practicable after the relevant facts come to the Homes Tasmania director's knowledge, disclose the nature of the interest to the Homes Tasmania Board.

Penalty:  Fine not exceeding 100 penalty units.

(2)  Subsection (1) does not apply –

(a) in respect of a contract for goods or services supplied by Homes Tasmania if those goods or services are ordinarily supplied by Homes Tasmania and are supplied on the same terms as they are ordinarily supplied to other persons in the same situation; or

(b) in respect of an interest that arises only because the Homes Tasmania director is also a State Service officer or State Service employee.