Conflict of interest
79 Conflict of interest
The arbitrator must inform the Minister in writing of —
any direct or indirect interest that the arbitrator has or acquires in any business, or in any body corporate carrying on business, in Australia or elsewhere; or
any other direct or indirect interest that the arbitrator has or acquires that conflicts or may conflict with the arbitrator’s duties.
Penalty: $10 000.
The Minister may —
direct the arbitrator to resolve a conflict between a direct or indirect interest and a duty of the arbitrator in relation to a particular matter; and
if the conflict is not resolved to the Minister’s satisfaction, disqualify the arbitrator from acting in relation to the matter.
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