(1) A member of the CSV board who has a direct or indirect pecuniary interest or a conflict of interest in a matter being considered or to be considered by the CSV board must disclose the nature of that interest at a meeting of the CSV board as soon as practicable after the member has knowledge of the relevant facts.
Penalty: 60 penalty units.
(2) For the purposes of subsection (1), a member of the CSV board does not have a pecuniary interest or a conflict of interest in a matter merely because the member is engaged in—
(a) the building industry; or
(b) any matter connected with the building industry.
(3) Without limiting the circumstances where a member has a pecuniary interest or a conflict of interest, for the purposes of subsection (1) a member is taken to have a pecuniary interest or a conflict of interest in a matter relating to a building or building work if the member—
(a) is or was involved in designing that building; or
(b) assisted in preparing or making an application for a building permit or an occupancy permit under the Building Act 1993 for that building or building work; or
(c) is or was the relevant building surveyor within the meaning of the Building Act 1993 in respect of an application for a permit for that building or building work.
(4) A member of the CSV board who has made a disclosure under subsection (1) must not be present during, or otherwise take part in, any deliberation of or vote on that matter.
Penalty: 60 penalty units.
(5) If a member of the CSV board has made a disclosure under subsection (1), the member chairing the meeting must ensure that the disclosure is recorded in the minutes of the meeting.