Western Australian Consolidated Acts Western Australian Consolidated Acts (1) A director of a
port authority who has a notifiable interest in a matter involving the port
authority must, as soon as possible after the relevant facts have come to the
director’s knowledge, disclose the nature of the interest at a meeting
of the board of the port authority.
Penalty: $5 000.
(2) A disclosure under
subsection (1) is to be recorded in the minutes of the meeting.
(3) In
subsection (1) —
notifiable interest means an interest in the
matter that will, under Schedule 2, clause 8(1), disqualify the
director from voting on the matter at a meeting of the board unless allowed to
do so by a resolution under clause 8(3) or a declaration under
clause 8(6).