South Australian Consolidated Acts (1) The Chairperson,
an Acting Chairperson, a Commissioner or a delegate of the Commission must
inform the Minister in writing of—
(a) any
direct or indirect interest that the person has or acquires in any business,
or in any body corporate carrying on business, in Australia or elsewhere; or
(b) any
other direct or indirect interest that the person has or acquires that
conflicts or may conflict with the person's functions.
(2) The Chairperson,
Acting Chairperson, Commissioner or delegate must take steps to resolve a
conflict or possible conflict between a direct or indirect interest and the
person's functions in relation to a particular matter, and, unless the
conflict is resolved to the Minister's satisfaction, the person is
disqualified from acting in relation to the matter.
(3) This section does
not apply if the interest is as a result of the supply of goods or services
that are available to members of the public on the same terms and conditions.
(4) A failure to
comply with this section does not affect the validity of an act or decision of
the Chairperson, Acting Chairperson, Commissioner or delegate.