553MDuty to declare conflict of interest

553M Duty to declare conflict of interest

(1) A committee member who has a perceived or actual conflict of interest in a matter being considered by the Committee must declare that conflict.

(2) The Committee must determine whether a conflict of interest declared under subregulation (1) would prejudice the Committee's operation and must decide whether the committee member should—

(a) be present when the Committee considers the relevant matter; or

(b) take part in any decision of the Committee about that matter.

(3) If the Committee decides under subregulation (2)(a) or (b) that the committee member should not be present or take part in a decision, the remaining committee members present at the meeting are a quorum for considering and making any decision about that matter despite regulation 553K(3).

Reg. 553N inserted by S.R. No. 106/2020 reg. 3.