Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts16. (1) A member who has a direct or indirect pecuniary or personal interest in a matter which has been submitted for consideration by the Corporation shall disclose the nature of the interest at a meeting of the Corporation as soon as practicable after the relevant facts have come to the member's knowledge.
(2) The member presiding at a meeting at which an interest is disclosed shall cause that disclosure to be recorded in the minutes of the meeting.
(3) A member disclosing an interest shall not, unless the Minister or the Corporation determines otherwise—
(a) be present during any deliberation of the Corporation with respect to the relevant matter; or
(b) take part in any decision of the Corporation with respect to that matter.
(4) A member disclosing an interest shall not—
(a) be present during any deliberation of the Corporation with respect to a determination referred to in subsection (3); or
(b) take part in any decision of the Corporation with respect to such a determination.
(5) The Chairperson shall give a written report to the Minister about any determination of the Corporation under subsection (3) specifying the nature of the interest disclosed and the reasons for the determination.