Disclosure of interests to Minister
19C Disclosure of interests to Minister
Within 10 business days after being appointed as a member of the
Commission, the member must give the Minister written notice of each direct or indirect interest the member has that conflicts or may conflict with the member's functions.
If a member of the Commission acquires a direct or indirect interest that conflicts or may conflict with the member's functions, the member must give the Minister written notice of the interest within 5 business days after the acquisition.
An interest mentioned in subsection (1) or (2) does not include an interest that arises as a result of the supply of goods or services that are available to members of the public on the same terms and conditions.
The failure of a member of the Commission to comply with this section does not affect the validity of a decision of the Commission.
This Act’s bill:Explanatory statementSecond reading speech
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