Document ID: chunk:federal_register_of_legislation:C2004A03971:section:1990:p22
Version: federal_register_of_legislation:C2004A03971
Segment Type: section
Provision Reference: s 1990 (pt 22/38)
Character Range: 72908–75475

Decisions at a meeting must be affirmed by at least 5 votes of members present at the meeting.

"(7) The Board must keep accurate records of all its meetings.

"(8) In this section:

'Chairperson of the Board' includes a person who is acting as Chairperson of CSB No. 1;

 'member' includes a person who is acting as an appointed member or as a member of CSB No. 1.

Disclosure of interests

"27p. (1) Each member of the Board must:

    (a) as soon as practicable after, but in any case, not later than 60 days after, becoming a member of the Board; and

    (b) as soon as practicable after, but in any case, not later than 60 days after, each anniversary of becoming a member of the Board;

present to a meeting of the Board a statement in writing setting out particulars of those interests, whether pecuniary or otherwise and whether direct or indirect, of the member as at the day of becoming a member of the Board or as at that anniversary, as the case requires, that could reasonably be expected to conflict with the proper performance of the member's duties as a member.

"(2) If:

    (a) a member of the Board acquires an interest, whether pecuniary' or otherwise and whether direct or indirect, that could reasonably be expected to conflict with the proper performance of the member's duties as a member; and

    (b) a statement containing particulars of the interest has not been given to a meeting of the Board under subsection (1);

the member must, as soon as possible after acquiring the interest, present to a meeting of the Board a statement in writing setting out particulars of the interest.

"(3) A statement presented to a meeting under subsection (1) or (2) must be incorporated in the minutes of the meeting.

"(4) A member of the Board who has a direct or indirect pecuniary interest in a matter being considered by the Board must, 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 Board.

"(5) A disclosure under subsection (4) must be recorded in the minutes of the meeting and the member must not, unless the Board or the Minister otherwise determines:

(a) be present during any deliberation of the Board with respect to that matter; or

(b) take part in any decision of the Board with respect to that matter.

"(6) For the purpose of making a determination by the Board under subsection (5), 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