Commonwealth Numbered Acts

PIPELINE AUTHORITY AMENDMENT ACT 1992 No. 188, 1992 - SECT 8

8.(1) Section 10 of the Principal Act is repealed and the following sections
are substituted: Chief Executive Officer

"10.(1) The Chief Executive Officer is to be appointed by the Authority.

"(2) The Chief Executive Officer holds office during the Authority's pleasure.

"(3) The Chief Executive Officer holds office on a full-time basis.

"(4) A person who has reached 65 must not be appointed or re-appointed as the
Chief Executive Officer.

"(5) A person must not be appointed or re-appointed as the Chief Executive
Officer for a period that extends beyond the day on which the person will
reach 65. Disclosure of interests

"10A.(1) If:

   (a)  a director has a direct or indirect pecuniary interest in a matter
        being considered, or about to be considered, by the Authority; and

   (b)  the interest could conflict with the proper performance of the
        director's duties in relation to the consideration of the matter; the
        director must, as soon as practicable after the relevant facts come to
        the director's knowledge, disclose the nature of the interest at a
        meeting of the Authority.

"(2) A disclosure under subsection (1) must be recorded in the minutes of the
meeting and, unless the Authority otherwise determines, the director must not:

   (a)  be present during any deliberation of the Authority in relation to the
        matter; or

   (b)  take part in any decision of the Authority in relation to the matter.

"(3) A director who has made a disclosure under subsection (1), must not:

   (a)  be present during any deliberation of the Authority for the purpose of
        making a determination under subsection (2) in relation to the
        director; or

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

"(4) For the purpose of the making of a determination by the Authority under
subsection (2) in relation to a director who has made a disclosure under
subsection (1), that director must be disregarded for the purpose of
constituting a quorum of the Authority for any such deliberation or decision.

"(5) Subsection (1) does not apply in relation to a matter relating to the
supply of goods or services for the director if the goods or services are, or
are to be, available to members of the public on the same terms and
conditions. Resignation

"10B. A part-time director may resign by giving a signed notice of resignation
to the Minister.".

(2) A person who, immediately before the commencement of this section, held
office as the Executive Member of the Pipeline Authority holds office, subject
to the Principal Act as amended by this Act, as the Chief Executive Officer as
if he or she had been appointed by the Authority on the commencement of this
section.