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ABORIGINAL AND TORRES STRAIT ISLANDER COMMISSION ACT 1989 No. 150 of 1989 - SECT 163 Disclosure of interests

ABORIGINAL AND TORRES STRAIT ISLANDER COMMISSION ACT 1989 No. 150 of 1989 - SECT 163

Disclosure of interests
163. (1) A Director who has a direct or indirect pecuniary interest in a
matter being considered or about to be considered by the Corporation Board
shall, as soon as possible after the relevant facts have come to the
Director's knowledge, disclose the nature of the interest at a meeting of the
Corporation Board.

(2) A disclosure under subsection (1) shall be recorded in the minutes of the
meeting of the Corporation Board and the Director shall not:

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

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