Victorian Current Acts Victorian Current Acts(1) A member who has a pecuniary interest in a matter being considered or about to be considered by the Authority must as soon as practical after the relevant facts have come to the member's knowledge declare the nature of that interest at a meeting of the Authority.
Penalty: 60 penalty units.
(2) Subsection (1) does not apply in the case of a member engaged in the dairy industry if the interest is no greater than that of any other person so engaged.
(3) The Chairperson of a meeting at which a declaration is made under this section must cause a record of the declaration to be made in the minutes of the meeting.
(4) Unless the Authority otherwise resolves, a member who has made a declaration under subsection (1) must not be present during any deliberation with respect to, or vote on, the matter in respect of which the declaration is made.
Penalty: 60 penalty units.