(b) the Panel is satisfied the person has a
direct or indirect pecuniary interest in a matter that gives rise, or is
likely to give rise, to a conflict of interest of a nature that is
incompatible with membership of HRNSW.
(4) The merit of a person is
to be decided on the basis of the person's abilities, qualifications,
experience and personal qualities that are relevant to the exercise of the
functions of HRNSW.