Aboriginal Land Rights Act 1983

For the purposes of this Subdivision, a pecuniary interest is an interest a person has in a matter because of a reasonable likelihood or expectation of appreciable financial gain or loss to the person or another person with whom the person is associated as provided by this section.

A person does not have a pecuniary interest in a matter if the interest is so remote or insignificant that it could not reasonably be regarded as likely to influence any decision the person might make in relation to the matter.

A person has a pecuniary interest in a matter if the pecuniary interest is the interest of—

the person, or

another person with whom the person is associated as provided by this section.

A person is taken to have a pecuniary interest in a matter if—

the person’s spouse or de facto partner, a relative of the person or a partner or employer of the person has a pecuniary interest in the matter, or

the person, or a nominee, partner or employer of the person, is a member of a company or other body that has a pecuniary interest in the matter.

However, a person is not taken to have a pecuniary interest in a matter as referred to in subsection (4)—

if the person is unaware of the relevant pecuniary interest of the spouse, de facto partner, relative, partner, employer or company or other body, or

just because the person is a member of, or is employed by, a local council or a statutory body or is employed by the Crown, or

just because the person is a member of, or a delegate of a council to, a company or other body that has a pecuniary interest in the matter, so long as the person has no beneficial interest in any shares of the company or body.