Commonwealth Numbered Acts

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WHEAT EXPORT MARKETING ACT 2008 (NO. 65, 2008) - SECT 46

Disclosure of interests to WEA

             (1)  A WEA member who has an interest, pecuniary or otherwise, in a matter being considered or about to be considered by WEA must disclose the nature of the interest to a meeting of WEA.

             (2)  The disclosure must be made as soon as possible after the relevant facts have come to the WEA member's knowledge.

             (3)  The disclosure must be recorded in the minutes of the meeting of WEA.

             (4)  Unless WEA otherwise determines, the WEA member:

                     (a)  must not be present during any deliberation by WEA on the matter; and

                     (b)  must not take part in any decision of WEA with respect to the matter.

             (5)  For the purposes of making a determination under subsection (4), the WEA member:

                     (a)  must not be present during any deliberation of WEA for the purpose of making the determination; and

                     (b)  must not take part in making the determination.

             (6)  A determination under subsection (4) must be recorded in the minutes of the meeting of WEA.



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