11Disclosure of pecuniary interests

11 Disclosure of pecuniary interests

11 Disclosure of pecuniary interests

(1) Subsection (2) applies if—

(a) a member of the Advisory Committee has a direct or indirect pecuniary interest in a matter being considered or about to be considered at a meeting of the Committee, and

(b) the interest appears to raise a conflict with the proper performance of the member’s duties in relation to the consideration of the matter.

(2) The member must, as soon as possible after the relevant facts have come to the member’s knowledge, disclose the nature of the interest at a meeting of the Advisory Committee.

(3) A member may disclose at a meeting of the Advisory Committee that the member—

(a) is a member of, or employed by, a specified company or another body, or

(b) is a partner of, or employed by, a specified person, or

(c) has some other specified interest relating to the specified company, body or person.

(4) The disclosure under subsection (3) is a sufficient disclosure by the member of the nature of the interest in a matter relating to that company or other body and the member is not required to repeat the disclosure for later meetings of the Advisory Committee.

(5) Particulars of a disclosure made under this section must be recorded by the Advisory Committee in a document kept for the purpose.

(6) The document must be made available at all reasonable hours for inspection by a person on payment of the reasonable fee determined by the Advisory Committee.

(7) After a member has disclosed the nature of an interest in a matter, the member must not, unless the Minister or the Advisory Committee otherwise determines—

(a) be present during a deliberation of the Committee about the matter, or

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

(8) For the purposes of making a determination by the Advisory Committee under subsection (7), a member who has a direct or indirect pecuniary or other interest in a matter to which a disclosure relates must not—

(a) be present when the Committee is making the determination, or