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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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