New South Wales Consolidated Acts

LOCAL GOVERNMENT ACT 1993 - SECT 443

443 Who has a pecuniary interest?

(1) For the purposes of this Chapter, a person has a pecuniary interest in a matter if the pecuniary interest is the interest of:

(a) the person, or

(b) the person’s spouse or de facto partner or a relative of the person, or a partner or employer of the person, or

(c) a company or other body of which the person, or a nominee, partner or employer of the person, is a member.

(3) However, a person is not taken to have a pecuniary interest in a matter as referred to in subsection (1) (b) or (c):

(a) if the person is unaware of the relevant pecuniary interest of the spouse, de facto partner, relative, partner, employer or company or other body, or

(b) just because the person is a member of, or is employed by, a council or a statutory body or is employed by the Crown, or

(c) just because the person is a member of, or a delegate of a council to, a company or other body that has a pecuniary interest in the matter, so long as the person has no beneficial interest in any shares of the company or body.