Commonwealth Numbered Acts

INTERNATIONAL AIR SERVICES COMMISSION AMENDMENT ACT 1994 No. 139 of 1994 - SECT 20

20. Section 47 of the Principal Act is repealed and the following section is
substituted: Disclosure of interests

"47.(1) If a member has or acquires any interest, whether monetary or
otherwise, that could conflict with the proper performance of his or her
functions in relation to proceedings conducted by the Commission:

   (a)  the member must disclose the interest to the other members and to any
        parties to the proceedings; and

   (b)  except with the consent of the other members and the parties (if any),
        the member must not take part, or any further part, as the case may
        be, in the proceedings.

"(2) If:

   (a)  a member becomes aware that another member has, in relation to
        proceedings conducted by the Commission, an interest of a kind
        referred to in subsection (1); and

   (b)  the other member has not disclosed the interest as required by
        paragraph (1)(a); then:

   (c)  the first-mentioned member must tell the other member that he or she
        has become aware that the other member has the interest; and

   (d)  if the other member does not then disclose the interest as required by
        paragraph (1)(a), the first-mentioned member must disclose the
        interest to the remaining member (if any) and the parties (if any) to
        the proceedings; and

   (e)  except with the consent of the other members and the parties (if any),
        the member who has the interest must not take part, or any further
        part, as the case may be, in the proceedings.".