Material Personal Interest definition
Material Personal Interest means the Director stands to personally benefit financially or in some other material way.
Material Personal Interest means the matter has ‘a capacity to influence the vote of a particular member or Director on the decision to be made’ (as defined in the Governance Institute of Australia’s Good Governance Guide as of 2015).
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.
Examples of Material Personal Interest in a sentence
Each Party must use its reasonable endeavours to ensure that each of its representatives on the Partnership Executive Committee will disclose any actual or potential Material Personal Interest in an issue to be considered by the Committee under this Deed, a potential Project, or an Activity Agreement.
A Material Personal Interest will be treated as a Conflict of Interest under clause 2.11.
More Definitions of Material Personal Interest
Material Personal Interest has the meaning given to it in rule 10.2
Material Personal Interest means a direct or indirect interest relating to 2
Material Personal Interest means a material personal interest in a matter that could
Material Personal Interest in relation to a Director means an interest being or arising out of: