Document ID: chunk:federal_register_of_legislation:C2025C00175:section:89m
Version: federal_register_of_legislation:C2025C00175
Segment Type: section
Provision Reference: s 89M
Character Range: 252819–254065

89M  Disclosure of interests
 (1) A member who has a direct or indirect pecuniary interest in a matter being considered or about to be considered by the Commission must, as soon as possible after the relevant facts have come to his or her knowledge, disclose the nature of the interest at a meeting of the Commission.
 (2) A disclosure must be recorded in the minutes of the meeting of the Commission and the member must not, unless the Minister or the Commission otherwise determines:
 (a) be present during any deliberation of the Commission with respect to that matter; or
 (b) take part in any decision of the Commission with respect to that matter.
 (3) For the purpose of the making of a determination by the Commission under subsection (2) in relation to a member who has made a disclosure, a member who has a direct or indirect pecuniary interest in the matter to which the disclosure relates must not:
 (a) be present during any deliberation of the Commission for the purpose of making the determination; or
 (b) take part in the making by the Commission of the determination.
 (4) In this section:
member includes:
 (a) a person who is acting in the office of a member or is taken to be a member; and
 (b) the Chief Executive Officer.