Northern Territory Consolidated Acts Northern Territory Consolidated Acts27J. Disclosure of interests by members
(1) If a member has a direct or indirect interest in a matter being considered, or about to be considered, by the Board, the member must disclose the nature of the interest to a meeting of the Board as soon as practicable after the relevant facts come to his or her knowledge.
(2) The disclosure must be recorded in the Board's minutes.
(3) Subject to a resolution of the Board to the contrary, a member who has made a disclosure under subsection (1) -
(a) must not, while he or she has the interest, take part in any deliberation or decision of the Board relating to the matter; and
(b) must be disregarded for the purpose of constituting the quorum of the Board for the purpose of any deliberation or decision of the Board relating to the matter.
(4) The resolution of the Board to the contrary must be deliberated and voted on in the absence of the member.