Disclosure of pecuniary interests by members
10 Disclosure of pecuniary interests by members
If—
a member has a pecuniary interest in a matter being considered or about to be considered at a meeting of HRNSW or a committee of HRNSW, and
the interest appears to raise a conflict with the proper performance of the member’s duties in relation to the consideration of the matter,
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 HRNSW or the committee.
A disclosure by a member at a meeting of HRNSW that the member—
is a member, or is in the employment, of a specified company or other body, or
is a partner, or is in the employment, of a specified person, or
has some other specified interest relating to a specified company or other body or to a specified person,
is a sufficient disclosure of the nature of the interest in any matter relating to that company or other body or to that person which may arise after the date of the disclosure and which is required to be disclosed under subclause (1).
Particulars of any disclosure made under this clause must be recorded by HRNSW in a book kept for the purpose and that book must be open at all reasonable hours to inspection by any person on payment of a reasonable fee determined by HRNSW.
After a member has disclosed the nature of an interest in any matter, the member must not—
be present during any deliberation of HRNSW with respect to the matter, or
take part in any decision of HRNSW with respect to the matter.
(Repealed)
A contravention of this clause does not invalidate any decision of HRNSW.
This clause applies to a member of a committee of HRNSW in relation to a meeting of the committee in the same way it applies to a member of HRNSW in relation to a meeting of HRNSW.
This Act’s bill:Explanatory memorandumSecond reading speech
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