Commonwealth Numbered Acts

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MOOMBA-SYDNEY PIPELINE SYSTEM SALE ACT 1994 No. 70, 1994 - SECT 87

Disclosure of TPC interests by members
87. (1) If a TPC member other than the TPC Chairperson is taking part, or is
to take part, in a particular arbitration and the member has or acquires any
pecuniary interest that could conflict with the proper performance of his or
her functions in relation to the arbitration:

   (a)  the member must disclose the interest to the TPC Chairperson; and

   (b)  the member must not take part, or continue to take part, in the
        arbitration if:

        (i)    the TPC Chairperson gives a direction under paragraph (2)(a) in
               relation to the matter; or

        (ii)   all of the persons concerned in the arbitration do not consent
               to the member taking part in the arbitration.

(2) If the TPC Chairperson becomes aware that a TPC member is taking part, or
is to take part, in a particular arbitration and that the member has in
relation to the particular arbitration such an interest:

   (a)  if the TPC Chairperson considers that the TPC member should not take
        part, or should not continue to take part, in the arbitration-the TPC
        Chairperson must give a direction to the member accordingly; or

   (b)  in any other case-the TPC Chairperson must cause the interest of the
        member to be disclosed to the parties to the arbitration. 


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