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ABORIGINAL AND TORRES STRAIT ISLANDER ACT 2005 - SECT 172A

Disclosure of interests

  (1)   The Indigenous Business Australia Chief Executive Officer must give written notice to the Minister and the Chairperson of the Indigenous Business Australia Board of all direct or indirect pecuniary interests that the Chief Executive Officer has or acquires in any business or in any body corporate that carries on a business.

  (2)   If the Indigenous Business Australia Chief Executive Officer has a direct or indirect pecuniary interest in a matter being considered or about to be considered by the Indigenous Business Australia Board, the Chief Executive Officer must, as soon as possible after becoming aware of the relevant facts, disclose the nature of the interest to the Chairperson of the Board in writing.

  (3)   Subsections   ( 1) and (2) apply in addition to section   29 of the Public Governance, Performance and Accountability Act 2013 (which deals with the duty to disclose interests).


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