South Australian Repealed Acts

This legislation has been repealed.

DAIRY INDUSTRY ACT 1992 - SECT 9

9—Disclosure of interest

        (1)         A member who has a direct or indirect private interest in a matter under consideration by the Authority—

            (a)         must disclose the nature of the interest to the Authority; and

            (b)         must not take part in any deliberations or decision of the Authority in relation to that matter.

Penalty: Division 5 fine or division 5 imprisonment.

        (2)         It is a defence to a charge of an offence against subsection (1) to prove that the defendant was not, at the time of the alleged offence, aware of his or her interest in the matter.

        (3)         A disclosure under this section must be recorded in the minutes of the Authority.

        (4)         If a member discloses an interest in a contract or proposed contract under this section and takes no part in any deliberations or decision of the Authority on the contract—

            (a)         the contract is not liable to be avoided by the Authority; and

            (b)         the member is not liable to account for profits derived from the contract.