Document ID: chunk:federal_register_of_legislation:C2018C00316:section:42
Version: federal_register_of_legislation:C2018C00316
Segment Type: section
Provision Reference: s 42
Character Range: 36056–37271

42  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 Authority shall, as soon as possible after the relevant facts have come to the member's knowledge, disclose the nature of the interest at a meeting of the Authority.
 (2) A disclosure shall be recorded in the minutes of the meeting and the member shall not, unless the Minister or the Authority otherwise determines:
 (a) be present during any deliberation of the Authority with respect to that matter; or
 (b) take part in any decision of the Authority with respect to that matter.
 (3) For the purpose of making such a determination by the Authority 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 shall not:
 (a) be present during any deliberation of the Authority for the purpose of making the determination; or
 (b) take part in making the determination.
 (4) Subsections (1) to (3) apply to the Chairperson in addition to section 29 of the Public Governance, Performance and Accountability Act 2013 (which deals with the duty to disclose interests).