Interests to be disclosed
53 Interests to be disclosed
A Commissioner who has a direct or indirect pecuniary interest in a matter being considered or about to be considered by the
Commission, otherwise than as a member of, and in common with the other members of, an incorporated company which consists of more than
25 persons and of which he or she is not a director, shall, as soon as possible after the relevant facts have come to his or her knowledge, disclose the nature of his or her interest at a meeting of the Commission.
A disclosure under subsection (1) shall be recorded in the minutes of the meeting of the Commission and the Commissioner shall not be present during any deliberation of the Commission in relation to that matter.
This Act’s bill:Second reading speech
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