Northern Territory Consolidated Acts Northern Territory Consolidated Acts37. Member not to act where interested
(1) If a member has a direct or indirect interest in any matter -
(a) which is the subject of consideration at a meeting of the Corporation; or
(b) in which the Corporation is concerned,
he shall, as soon as possible after he knows that he has the interest and that the Corporation is considering the matter, disclose his interest to the Corporation.
(2) The Corporation may direct a member who has disclosed an interest in a matter under subsection (1) to refrain from taking part in the deliberations of the Corporation in relation to that matter, and the member shall comply with the direction.
Penalty: $1,000.