Document ID: chunk:federal_register_of_legislation:C2011A00139:clause:1_149
Version: federal_register_of_legislation:C2011A00139
Segment Type: clause
Provision Reference: sch 1 cl 149
Character Range: 29958–31172

149  Disclosure of interests to the Pricing Authority
 (1) A member of the Pricing Authority who has an interest, pecuniary or otherwise, in a matter being considered or about to be considered by the Pricing Authority must disclose the nature of the interest to a meeting of the Pricing Authority.
 (2) The disclosure must be made as soon as possible after the relevant facts have come to the knowledge of the member of the Pricing Authority.
 (3) The disclosure must be recorded in the minutes of the meeting of the Pricing Authority.
 (4) Unless the Pricing Authority otherwise determines, the member of the Pricing Authority:
 (a) must not be present during any deliberation by the Pricing Authority on the matter; and
 (b) must not take part in any decision of the Pricing Authority with respect to the matter.
 (5) For the purposes of making a determination under subsection (4), the member of the Pricing Authority:
 (a) must not be present during any deliberation of the Pricing Authority for the purpose of making the determination; and
 (b) must not take part in making the determination.
 (6) A determination under subsection (4) must be recorded in the minutes of the meeting of the Pricing Authority.