Australian Capital Territory Numbered Acts

EDUCATION ACT 2004 (NO. 17 OF 2004) - SECT 117

    (1)     This section applies to a member of the council if—

        (a)     the member has a direct or indirect financial interest in an issue being considered, or about to be considered, by the council; and

        (b)     the interest could conflict with the proper exercise of the member's functions in relation to the council's consideration of the issue.

    (2)     As soon as practicable after the relevant facts come to the member's knowledge, the member must disclose the nature of the interest to a meeting of the council.

    (3)     The disclosure must be recorded in the council's minutes and, unless the council otherwise decides, the member (the first member ) must not—

        (a)     be present when the council considers the issue; or

        (b)     take part in a decision of the council on the issue.

    (4)     Any other member who also has a direct or indirect financial interest in the issue must not—

        (a)     be present when the council is considering its decision under subsection (3) in relation to the first member; or

        (b)     take part in making the decision.

    (5)     Within 14 days after the end of each financial year, the chairperson of the council must give the Minister a statement of any disclosure of interest made under this section during the financial year.