Higher Education Support Act 2003

Chapter 2 - Grants for higher education assistance etc  

PART 2-3 - OTHER GRANTS  

Division 42 - Australia ' s Economic Accelerator  

Subdivision 42-B - Advisory Board  

SECTION 42-55   Disclosure of interests to the AEA Advisory Board  

42-55(1)    
A member of the *AEA Advisory Board who has an interest, pecuniary or otherwise, in relation to either of the following must disclose the nature of the interest to a meeting of the AEA Advisory Board:

(a)    a decision by the AEA Advisory Board to recommend, or not recommend, approval of a grant under the *Australia ' s Economic Accelerator program;

(b)    another matter being considered or about to be considered by the AEA Advisory Board.

42-55(2)    
The disclosure must be made as soon as possible after the relevant facts have come to the member ' s knowledge.

42-55(3)    
The disclosure must be recorded in the minutes of the meeting of the *AEA Advisory Board.

42-55(4)    
Unless the *AEA Advisory Board determines otherwise, the member:

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

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

42-55(5)    
For the purposes of making a determination under subsection (4) , the member:

(a)    must not be present during any deliberation of the *AEA Advisory Board for the purpose of making the determination; and

(b)    must not take part in making the determination.

42-55(6)    
A determination under subsection (4) must be recorded in the minutes of the meeting of the *AEA Advisory Board.