Australian Capital Territory Repealed Acts

This legislation has been repealed.

BOOKMAKERS ACT 1985 (REPEALED) - SECT 15

(1)     A member who has a direct or indirect pecuniary interest in a matter being considered or about to be considered by the Committee shall, as soon as possible after the relevant facts have come to the member's knowledge, disclose the nature of the member's interest at a meeting of the Committee.

(2)     A disclosure under subsection (1) shall be recorded in the minutes of the meeting of the Committee and the member shall not, unless the Minister or the Committee otherwise determines—

        (a)     be present during any deliberations of the Committee with respect to that matter; or

        (b)     take part in any decision of the Committee with respect to that matter.

(3)     For the purpose of the making of a determination by the Committee under subsection (2) in relation to a member who has made a disclosure under subsection (1), a member who has a direct or indirect pecuniary interest in the matter to which the disclosure relates shall not—

        (a)     be present during any deliberation of the Committee for the purpose of making the determination; or

        (b)     take part in the making by the Committee of the determination.

(4)     A member referred to in paragraph 9 (1) (e) shall not be regarded as having a direct or indirect pecuniary interest in a matter being considered or about to be considered by the Committee by reason only of the fact that the member carries on business as a bookmaker.

(5)     Where a member fails, without reasonable excuse, to comply with the requirements of this section, the Minister shall terminate the appointment of the member.