Victorian Numbered Acts Victorian Numbered Acts(1) As soon as practicable after the relevant facts have come to a member's knowledge, a member must declare the nature of an interest at a meeting, if that member—
(a) has a direct or indirect pecuniary interest in a matter being considered or about to be considered by the Trust; or
(b) has an interest which would conflict with the proper performance of the member's duties in relation to a matter being considered or about to be considered by the Trust.
(2) A person presiding at a meeting at which a declaration is made must make a record of the declaration in the minutes of the meeting.
(3) After a declaration is made by a member under subsection (1)—
(a) unless the Trust otherwise directs, the member must not be present during any deliberation with respect to that matter; and
(b) the member is not entitled to vote on that matter.
(4) Despite subsection (3), if a declaration is made by a member under this section and that member subsequently votes on a matter which is the subject of the declaration, the vote must be disallowed.