16BMember's pecuniary interest

16B Member's pecuniary interest

(1) A member who has a pecuniary interest in any matter in which the Trust is concerned must—

(a) if the member is present at a meeting of the Trust at which the matter is to be considered, disclose the nature of the interest immediately before the consideration of that matter; or

(b) if the member is aware that the matter is to be considered at a meeting of the Trust at which the member does not intend to be present, disclose the nature of the interest to the chairperson before the meeting is held.

(2) The member—

(a) may take part in the discussion of the matter in the meeting with the consent of the Trust; and

(b) must leave the meeting while any vote is taken on a question relating to the matter.

S. 16C inserted by No. 34/1995 s. 8.