19Disclosure of interest

19 Disclosure of interest

(1)  [Section 19 Subsection (1) amended by No. 11 of 2018, s. 17, Applied:10 Sep 2018] [Section 19 Subsection (1) amended by No. 11 of 2018, s. 17, Applied:10 Sep 2018] A member of a relevant committee who has a direct or indirect interest in a matter under consideration by the relevant committee –

(a) must disclose the nature of the interest; and

(b) must not vote in relation to the matter; and

(c) must be absent while voting in relation to the matter is taking place.

(2)  Subsection (1) does not apply with respect to an interest in a matter that is held in common with all or a substantial proportion of persons within the State.

(3)  [Section 19 Subsection (3) omitted by No. 11 of 2018, s. 17, Applied:10 Sep 2018] .  .  .  .  .  .  .  .  

(4)  A disclosure under subsection (1) is to be recorded in the minutes.

(5)  A member has an interest in a matter if the member or a close associate of the member would, if the matter were decided in a particular manner, receive, have an expectation of receiving or be likely to receive a pecuniary benefit or pecuniary detriment.

(6)  A person is a close associate of a member if that person is –

(a) a proprietary company in which the member is a shareholder; or

(b) a public company in which the member is directly or indirectly a substantial shareholder; or

(c) a beneficiary under a trust or an object of a discretionary trust of which the member is a trustee; or

(d) [Section 19 Subsection (6) amended by No. 45 of 2003, Sched. 1, Applied:01 Jan 2004] a business or commercial partner of the member; or

(e) the employer or an employee of the member; or