Commonwealth Numbered Acts

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TRADE PRACTICES ACT 1974 No. 51, 1974 - SECT 17

Disclosure of financial interests of members of Commission.
17. (1) Where a member of the Commission other than the Chairman has or
acquires any direct or indirect pecuniary interest in any business carried on
in Australia, or in any body corporate carrying on any such business, being an
interest that could be in conflict with his duties as a member, the member
shall, to the best of his knowledge, disclose that interest to the Chairman.

(2) Where an interest is so disclosed to the Chairman and-

   (a)  in the case of an interest in a business-the person carrying on the
        business; or

   (b)  in the case of an interest in a body corporate-that body corporate, is
        concerned in an application before the Commission, being an
        application in the hearing and determination of which the member who
        has the interest is or will be participating, the Chairman shall cause
        the interest to be disclosed to the public.

(3) The Chairman shall give written notice to the Attorney-General of all
direct and indirect pecuniary interests that he has or acquires in any
business carried on in Australia or in any body corporate carrying on any such
business. 


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