Northern Territory Consolidated Acts Northern Territory Consolidated Acts14. Disclosure of interest
(1) A member who is directly or indirectly interested in -
(a) a contract made or proposed to be made by the Authority; or
(b) an existing or proposed project of the Authority,
shall, as soon as possible after the relevant facts have come to his knowledge, disclose the nature of his interest at a meeting of the Authority.
(2) A disclosure under subsection (1) shall be recorded in the minutes of the Authority and, unless the Authority otherwise directs or the member is a principal representative, the member -
(a) shall not take part after the disclosure in any deliberation or decision of the Authority relating to the contract or project, as the case requires; and
(b) shall be disregarded for the purpose of constituting the quorum for any such deliberation or decision.
(3) A member who has made a disclosure under subsection (1), may not vote on any question relating to the giving to him of a direction under subsection (2).