Victorian Numbered Acts

VICTORIA LAW FOUNDATION ACT 2009 (NO. 10 OF 2009) - SECT 10

    (1)     If—

        (a)     a member has a personal interest (whether pecuniary or otherwise) in a matter being considered or about to be considered by the Foundation; and

        (b)     the interest appears to raise a conflict of interest with the proper performance of the member's duties in relation to the consideration of the matter—

the member, as soon as practicable after becoming aware of the relevant facts, must declare the nature of the interest at a meeting of the Foundation.

Penalty:     5 penalty units.

    (2)     The person presiding at a meeting at which a declaration is made must cause a record of the declaration to be made in the minutes of the meeting.

    (3)     After becoming aware of the conflict of interest in a matter—

        (a)     unless the Foundation directs otherwise, the member must not be present during any deliberations on the matter; and

        (b)     the member is not entitled to vote on the matter; and

        (c)     if the member does vote, the vote must be disallowed.