Section Sch3-15 — Building Act 2004: Meaning of interested

15 Meaning of interested (1) A member is interested in a matter relating to the Board if, and only if, the member— (a) is a party to, or will or may derive a material financial benefit from, the matter; or (b) has a material financial interest in a person to whom the matter relates; or (c) is a director, officer, member, or trustee of a person who will or may derive a material financial benefit from the matter; or (d) is the parent, child, spouse civil union partner, or de facto partner of a person who will or may derive a material financial benefit from the matter; or (e) is otherwise directly or indirectly materially interested in the matter. (2) However, a member is not interested in a matter merely because he or she is a member of a professional building industry body. Subclause (1)(d) was amended, as from 26 April 2005, by section 7 Relationships (Statutory References) Act 2005 (2005 No 3) by substituting the words “ civil union partner, or de facto partner ” for the words “ or de facto partner (whether of the same or opposite sex) ” .