Non Pecuniary — Less than ificant Interest If a Council official has declared a non-pecuniary less than ificant interest and it does not macquaarie further action, they must provide an explanation of why they consider that the conflict does not require further action in the circumstances. Further explanation is provided on the next Local Government Act and Code of Conduct A conflict of interest exists where a reasonable and informed person would perceive that a Council official could be influenced female escort mn a private interest when carrying out their public duty.
Remove the source of the conflict, by relinquishing or divesting the interest that macquaris the conflict, or reallocating the conflicting duties to another Council official. All interests, whether pecuniary or non-pecuniary are required to be fully disclosed and in writing.
If a Council official declares a non-pecuniary ificant interest it must be managed in one of two ways: 1. Pecuniary Interest A pecuniary interest is an interest that a Council official has in a matter because of a reasonable likelihood or expectation of appreciable financial gain or loss to the Council official.
Non-pecuniary interests commonly arise out of family, or personal relationships, or involvement in sporting, social or other cultural groups and associations and may include an interest of a financial nature.
Interests can be of two types: pecuniary or non-pecuniary. The political views of a Councillor do not constitute a private interest.
Have no involvement in the matter, by taking no ega in the consideration or voting on the matter and leave and be out of sight of the meeting, as if the provisions in section 2 apply. Closeness is defined by the nature of the friendship or business relationship, the frequency of contact and the duration of the friendship or relationship.
The management of a non-pecuniary interest will depend on whether or not it is ificant.