New South Wales Consolidated Acts(Section 26F)
A Fellow must carry out his or her functions:
(a) in good faith in the best interests of the University as a whole, and
(b) for a proper purpose.
A Fellow must act honestly and exercise a reasonable degree of care and diligence in carrying out his or her functions.
A Fellow must not make improper use of his or her position:
(a) to gain, directly or indirectly, an advantage for the Fellow or another person, or
(b) to cause detriment to the University.
A Fellow must not make improper use of information acquired because of his or her position:
(a) to gain, directly or indirectly, an advantage for the Fellow or another person, or
(b) to cause detriment to the University.
(1) If:(a) a Fellow has a material interest in a matter being considered or about to be considered at a meeting of the Senate, and(b) the interest appears to raise a conflict with the proper performance of the Fellow’s duties in relation to the consideration of the matter,the Fellow must, as soon as possible after the relevant facts have come to the Fellow’s knowledge, disclose the nature of the interest at a meeting of the Senate.
(2) A disclosure by a Fellow at a meeting of the Senate that the Fellow:(a) is a member, or is in the employment, of a specified company or other body, or(b) is a partner, or is in the employment, of a specified person, or(c) has some other specified interest relating to a specified company or other body or to a specified person,is a sufficient disclosure of the nature of the interest in any matter relating to that company or other body or to that person which may arise after the date of the disclosure and which is required to be disclosed under subclause (1).
(3) Particulars of any disclosure made under this clause must be recorded by the Senate in a book kept for the purpose and that book must be open at all reasonable hours for inspection by any person on payment of a reasonable fee determined by the Senate.
(4) After a Fellow has disclosed the nature of an interest in any matter, the Fellow must not, unless the Senate otherwise determines:(a) be present during any deliberation of the Senate with respect to the matter, or(b) take part in any decision of the Senate with respect to the matter.
(5) For the purpose of the making of a determination by the Senate under subclause (4), a Fellow who has a material interest in a matter to which the disclosure relates must not:(a) be present during any deliberation of the Senate for the purpose of making the determination, or(b) take part in the making by the Senate of the determination.
(6) A contravention of this clause does not invalidate any decision of the Senate.
(7) This clause does not prevent a person from taking part in the consideration or discussion of, or from voting on any question relating to, the person’s removal from office by the Senate pursuant to section 26G.
(8) This clause applies to a member of a committee of the Senate and the committee in the same way as it applies to a member of the Senate and the Senate.
(9) For the purposes of this clause, a Fellow has a material interest in a matter if a determination of the Senate in the matter may result in a detriment being suffered by or a benefit accruing to the Fellow or an associate of the Fellow.
(10) In this clause:
"associate" of a Fellow means any of the following:(a) the spouse, de facto partner, parent, child, brother or sister, business partner or friend of the Fellow,(b) the spouse, de facto partner, parent, child, brother or sister, business partner or friend of a person referred to in paragraph (a) if that relationship is known to the Fellow,(c) any other person who is known to the Fellow for reasons other than that person’s connection with the University or that person’s public reputation."de facto partner" of a Fellow means the other party to a de facto relationship (within the meaning of the Property (Relationships) Act 1984 ) with the Fellow.