Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) This section applies if a Board member or an alternate member has or acquires an interest (whether pecuniary or otherwise) that would conflict with the proper performance of the Board member's or alternate member's functions in relation to a matter being considered or about to be considered by the Board.
(1A) The Board member or alternate member must disclose the nature of the interest to the Board as soon as practicable after the relevant facts come to the member's knowledge.
Maximum penalty: 50 penalty units.
(1B) An offence against subsection (1A) is an offence of strict liability.
(1C) It is a defence to a prosecution for an offence against subsection (1A) if the defendant has a reasonable excuse.
(2) A disclosure in accordance with subsection (1A) must be recorded in the minutes.
(3) Unless the Board (exclusive of the Board member or alternate member) determines otherwise, the Board member or alternate member:
(a) must not be present during any deliberations of the Board in relation to the matter; and
(b) must not take part in any decision of the Board in relation to the matter.
Maximum penalty: 50 penalty units.
(4) An offence against subsection (3) is an offence of strict liability.
(5) It is a defence to a prosecution for an offence against subsection (3) if the defendant has a reasonable excuse.