Queensland Consolidated Acts Queensland Consolidated Acts(1) A member who has a direct or indirect pecuniary interest in a matter being considered, or about to be considered, by the board must, as soon as possible after the relevant facts come to the member's knowledge, disclose the interest to a meeting of the board.
(2) The disclosure is to be recorded in the minutes of the meeting, and, unless the board otherwise determines, the member concerned must not--
(a) be present during the consideration by the board of the matter in question; and
(b) take part in any decision of the board in respect of the matter.
(3) A member who makes a disclosure must not--
(a) be present during any deliberation by the board as to whether to make a determination under subsection (2) in respect of the member; and
(b) take part in the making by the board of such a determination.