(1) This section applies to members of staff of a responsible authority and other persons who have a duty or are engaged to provide advice or a report to a DAC. (2) A person, who is providing advice or a report to a meeting of a DAC or otherwise to a DAC and who has a direct interest or an indirect interest (within the meaning of this Subdivision) in a matter to which the advice or report relates, must not, without reasonable excuse, fail to disclose the type of interest when providing the advice or report to the DAC. 50 penalty units. (3) A disclosure made by a person under subsection (2) must be recorded in the minutes of any relevant meeting of the DAC. (4) A person who has made a disclosure under subsection (2) must disclose the nature of the interest if required to make that disclosure by the DAC. 97MZC Conflict of interest S. 97MZC inserted by No. 66/2009 (1) In this Subdivision, a person has a conflict of s. 5. interest in respect of a matter if the person has a direct interest or indirect interest in the matter. (2) A person has a direct interest in a matter if the person has an interest of a kind described in section 97MZD. (3) A person has an indirect interest in a matter if the person has— (a) a close association as specified in section 97MZE; or (b) an indirect financial interest as specified in section 97MZF; or
(1) This section applies to members of staff of a responsible authority and other persons who have a duty or are engaged to provide advice or a report to a DAC. (2) A person, who is providing advice or a report to a meeting of a DAC or otherwise to a DAC and who has a direct interest or an indirect interest (within the meaning of this Subdivision) in a matter to which the advice or report relates, must not, without reasonable excuse, fail to disclose the type of interest when providing the advice or report to the DAC. 50 penalty units. (3) A disclosure made by a person under subsection (2) must be recorded in the minutes of any relevant meeting of the DAC. (4) A person who has made a disclosure under subsection (2) must disclose the nature of the interest if required to make that disclosure by the DAC. S. 97MZC inserted by No. 66/2009 s. 5. 97MZC Conflict of interest (1) In this Subdivision, a person has a conflict of interest in respect of a matter if the person has a direct interest or indirect interest in the matter. (2) A person has a direct interest in a matter if the person has an interest of a kind described in section 97MZD. (3) A person has an indirect interest in a matter if the person has— (a) a close association as specified in section 97MZE; or (b) an indirect financial interest as specified in section 97MZF; or
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