Managing the disclosure of and voting on matters involving a director's material personal interests

All Australian entities need to have in place a process or policy governing the conduct of directors where there is a realistic possibility that the director may have: a material personal interest in a matter that is being considered or will be considered at a meeting of the board or its committee; or a conflict or perceived conflict between the duties which they may owe to another entity of which they are a director or salaried executive and their duties as a director of the company in considering a matter that is to be brought before a meeting of the board ... READ MORE

Released by - 14 March 2012