Material Personal Interest definition

Material Personal Interest means a material personal interest for the purposes of the Corporations Act;
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Material Personal Interest means a personal interest that has the capacity to influence a Director's consideration of, and vote on, a particular matter.
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Material Personal Interest means the Director stands to personally benefit financially or in some other material way.
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Examples of Material Personal Interest in a sentence

  • Each Director must comply with the Corporations Act in relation to being present, and voting, at a Board meeting that considers a matter in which the Director has a Material Personal Interest.

  • A Director may disclose a Material Personal Interest in the form of a standing notice to the other Directors with ongoing effect in accordance with the Corporations Act.

  • To avoid any actual or perceived conflict of interest in the assessment of Applications, members of the MRIWA Board and Grant Assessment Panel must adhere to the MRIWA Code of Conduct and Managing Material Personal Interest Guidelines.

  • A Director who has a Material Personal Interest in a matter that relates to the affairs of the Corporation must give the other Directors notice of the interest unless Rule 10.2.1 says otherwise.

  • A Director who has a Material Personal Interest in a matter that relates to the affairs of the Corporation must give the other Directors notice of the interest unless a valid exception applies.


More Definitions of Material Personal Interest

Material Personal Interest means a material personal interest as defined by the Corporations Act;
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Material Personal Interest means any direct or indirect benefit that a Director may receive that has the capacity, or would reasonably be perceived to have the capacity to materially influence that Director when casting their vote at Directors meetings, General Meetings or AGM’s; subject to the exclusions detailed in the Ruel Book.
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Material Personal Interest has the meaning given to it in rule 10.2
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Material Personal Interest has the meaning given to it in rule 10.3.
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Material Personal Interest in relation to a Director means an interest being or arising out of:
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Material Personal Interest means a material personal interest in a matter that could
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Material Personal Interest means a direct or indirect interest relating to 2
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