sec.232Conflict of interests

### sec.232 Conflict of interests This section applies if— a member of the grants commission has a direct or indirect financial interest in a matter being considered, or about to be considered, by the grants commission; and the interest could conflict with the proper performance of the member’s responsibilities for the matter. The person must not take part, or take further part, in any consideration of the matter. Maximum penalty—35 penalty units. As soon as practicable after the member becomes aware that this section applies to the member, the member must inform the department’s chief executive. Maximum penalty—35 penalty units. (sec.232-ssec.1) This section applies if— a member of the grants commission has a direct or indirect financial interest in a matter being considered, or about to be considered, by the grants commission; and the interest could conflict with the proper performance of the member’s responsibilities for the matter. (sec.232-ssec.2) The person must not take part, or take further part, in any consideration of the matter. Maximum penalty—35 penalty units. (sec.232-ssec.3) As soon as practicable after the member becomes aware that this section applies to the member, the member must inform the department’s chief executive. Maximum penalty—35 penalty units. - (a) a member of the grants commission has a direct or indirect financial interest in a matter being considered, or about to be considered, by the grants commission; and - (b) the interest could conflict with the proper performance of the member’s responsibilities for the matter.