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BODY CORPORATE AND COMMUNITY MANAGEMENT (STANDARD MODULE) REGULATION 2020 - REG 66
Conflict of interest
66 Conflict of interest
(1) A member of the committee must disclose to a meeting of the committee the
member’s direct or indirect interest in an issue being considered, or about
to be considered, by the committee if the interest could conflict with the
appropriate performance of the member’s duties about the consideration of
the issue.
(2) If a member required under subsection (1) to disclose an
interest in an issue is a voting member, the member is not entitled to vote on
a motion involving the issue.
(3) A person who holds the proxy for a member
of the committee must disclose to a meeting of the committee the proxy
holder’s direct or indirect interest in an issue being considered, or about
to be considered, by the committee if the interest could conflict with the
appropriate performance of the proxy holder’s duties about the consideration
of the issue.
(4) A proxy holder required under subsection (3) to disclose
an interest in an issue must not vote as the proxy on a motion involving the
issue.
(5) A person who holds the proxy for a member of the committee must
disclose to a meeting of the committee the member’s direct or indirect
interest in an issue being considered, or about to be considered, by the
committee if the proxy holder is aware that the member, if present, would be
required under subsection (1) to disclose the interest.
(6) A proxy holder
required under subsection (5) to disclose an interest in an issue must not
vote as the proxy on a motion involving the issue.
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