Board resolutions without meetings
30 Board resolutions without meetings
A director of the Authority who has a specific conflict of interest or general conflict of interest in a matter to be decided by resolution under section 19 must disclose that conflict of interest by advising, in writing, the chief executive officer of the nature of the conflict of interest as soon as possible after receiving a copy of a document containing the proposed resolution.
Penalty: 120 penalty units.
A director of the Authority who has disclosed, in accordance with subsection (1), a specific conflict of interest or general conflict of interest in a matter to be decided by resolution under section 19 must not sign a document containing a statement that the director is in favour of the resolution.
Penalty: 120 penalty units.
If a director of the Authority discloses a specific conflict of interest or general conflict of interest in accordance with subsection (1)—
the chief executive officer must report the disclosure to the board by no later than the next ordinary meeting of the board; and
at the meeting, the person chairing the meeting must ensure the following details are recorded in the minutes of that meeting—
the director's name;
the nature of the conflict of interest, as described by the director;
which directors signed a document containing a statement in favour of a resolution on the matter that gave rise to the conflict of interest.
Note
See also Part 5 of the Public Administration Act 2004.
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