Northern Territory Consolidated Acts

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TOTALISATOR LICENSING AND REGULATION ACT - SECT 10

Disclosure of interest

    (1)     On:

        (a)     a person becoming a member; or

        (b)     in the case of a person who is a member of the Northern Territory Licensing Commission on the commencement of this Act – on that commencement,

the person must disclose to the Minister:

        (c)     the name and description of any company, association or other body of which he or she is a member or an officer or by whom he or she is employed;

        (d)     the name and a description of any partnership of which he or she is a partner or by whom he or she is employed;

        (e)     any other business association or financial interest he or she has in relation to a company or other body or a person that is likely to give rise to a conflict with his or her duties as member; and

        (f)     any other prescribed information.

    (2)     The disclosure is to be made in the manner and form approved by the Minister.

    (3)     If there is a change to the information disclosed by a member or a member acquires new interests likely to give rise to a conflict with his or her duties as member, the member must, not later than 28 days after the change occurs or the interest is acquired, vary his or her disclosure accordingly in the manner and form approved by the Minister.

    (4)     A disclosure (as varied) remains effective during the member's term of office and any successive term of office held by the member.

    (5)     The Minister must keep a record of the particulars of all disclosures and variations of disclosures made under this section.

    (6)     Nothing in this section limits or otherwise affects the operation of section 19 of the Northern Territory Licensing Commission Act .



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