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FISHERIES ADMINISTRATION ACT 1991 No. 161 of 1991 - SECT 20
Disclosure of interests
20. (1) Where:
(a) a director has a direct or indirect pecuniary interest in a matter
being considered, or about to be considered, by the Authority; and
(b) the interest could conflict with the proper performance of the
director's duties in relation to the consideration of the matter; the
director must, as soon as practicable after the relevant facts have
come to the director's knowledge, disclose the nature of the interest
at a meeting of the Authority.
(2) A disclosure under subsection (1) must be recorded in the minutes of the
meeting. Chairperson of the Authority or a nominated director for:
(a) misbehaviour or physical or mental incapacity; or
(b) inefficiency or incompetence.
(2) If:
(a) the Chairperson or a nominated director becomes bankrupt, applies to
take the benefit of any law for the relief of bankrupt or insolvent
debtors, compounds with his or her creditors or makes an assignment of
his or her remuneration for their benefit; or
(b) the Chairperson or a nominated director, without reasonable excuse,
contravenes section 20; or
(c) the Chairperson is absent, except with the leave of the Minister, from
3 consecutive meetings of the Authority; or
(d) a nominated director is absent, except with the leave of the
Chairperson, from 3 consecutive meetings of the Authority; the
Minister may terminate the appointment of the Chairperson or the
nominated director.
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