Local Government Act 1993 No 30
Historical version for 4 April 2012 to 10 April 2012 (accessed 19 May 2013 at 01:47) Current version

442   What is a “pecuniary interest”?

(1)  For the purposes of this Chapter, a pecuniary interest is an interest that a person has in a matter because of a reasonable likelihood or expectation of appreciable financial gain or loss to the person.
(2)  A person does not have a pecuniary interest in a matter if the interest is so remote or insignificant that it could not reasonably be regarded as likely to influence any decision the person might make in relation to the matter or if the interest is of a kind specified in section 448.
Top of page