CTHRepealedAct
Nation-building Funds Act 2008
174Disclosure of interests
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#### 174 Disclosure of interests
(1) This section applies to a member of the EIF Advisory Board who has a material personal interest in a matter being considered, or about to be considered, by the EIF Advisory Board.
(2) The member must, as soon possible after the relevant facts have come to the member’s knowledge:
(a) disclose the nature of the interest at a meeting of the EIF Advisory Board; and
(b) disclose the nature of the interest to the EIF designated Ministers.
(3) A disclosure under paragraph (2)(a) must be recorded in the minutes of the meeting.
(4) The EIF designated Ministers must terminate the appointment of a member of the EIF Advisory Board if the member fails, without reasonable excuse, to comply with subsection (2).
(5) Subsection (4) does not limit subsection 170(5).