Commonwealth Consolidated Acts

PRIVATE HEALTH INSURANCE ACT 2007 - SECT 270.45

             (1)  A * member who has a direct or indirect pecuniary interest in a matter being considered or about to be considered by the Council must disclose the nature of the interest to a meeting of the Council.

             (2)  The disclosure must be made as soon as possible after the relevant facts have come to the * member's knowledge.

             (3)  The disclosure must be recorded in the minutes of the meeting of the Council.

             (4)  Unless the Minister or the Council otherwise determines, the * member:

                     (a)  must not be present during any deliberation by the Council on the matter; and

                     (b)  must not take part in any decision of the Council with respect to the matter.

             (5)  For the purposes of the Council making a determination under subsection (4) in relation to a * member who has made a disclosure under subsection (1), a member who has a direct or indirect pecuniary interest in the matter to which the disclosure relates must not:

                     (a)  be present during any deliberations of Council for the purposes of making the determination; or

                     (b)  take part in the making by the Council of the determination.