43Disclosure of interests

43 Disclosure of interests

(1) The Chair must give written notice to the Minister of all direct and indirect pecuniary interests that he or she has or acquires in a business or in a body corporate carrying on a business. (2) Subsection (1) applies in addition to section 29 of the Public Governance, Performance and Accountability Act 2013 (which deals with the duty to disclose interests). (3) If: (a) the Chair has or acquires an interest of the kind mentioned in section 29 of the Public Governance, Performance and Accountability Act 2013; and (b) the interest relates to affairs of the Commission the conducting of which results in a report or similar document; the Chair must ensure that the interest is disclosed in the report or document. (4) If the Chair becomes aware that a member has an interest of the kind mentioned in section 29 of the Public Governance, Performance and Accountability Act 2013, the Chair must do one of the following: (a) if the Chair considers that the member should not perform or continue to perform a function to which the interest relates, the Chair must give a direction to the member accordingly; (b) if paragraph (a) does not apply, the Chair must ensure that: (i) the interest is disclosed in accordance with section 29 of the Public Governance, Performance and Accountability Act 2013; and (ii) if the interest relates to affairs of the Commission the conducting of which results in a report or similar document—the interest is disclosed in the report or document.