✨ Ports of Auckland Limited Rules
22 OCTOBER 2004 NEW ZEALAND GAZETTE, No. 135 3341
8.13 Validity of acts
All acts done by any meeting of the Board or of a committee of Directors or by any person acting as a Director are valid notwithstanding:
(a) any defect in the appointment of any Director or person acting as a Director;
(b) that they or any of them were disqualified;
(c) that the occasion for the person acting, or for his or her appointment, had not arisen or had ended; or
(d) any irregularity in a notice of meeting.
9. Directors’ Interests
9.1 Disclosure of Interests
A Director will, on the creation of any Interest or immediately after becoming aware of such Interest, disclose details of the Interest to the Board and to the ARC. The details that must be disclosed include:
(a) the nature of the Interest and the monetary value of the Interest (if the monetary value can be quantified);
(b) the nature and extent of the Interest (if the monetary value cannot be quantified).
9.2 General disclosure
For the purposes of rule 9.1, a general notice entered in the Interests Register and disclosed to the Board and to the ARC to the effect that a Director is a shareholder, director, officer or trustee of another named organisation or other person and is to be regarded as Interested in any matter which may, after the date of the entry or disclosure, be entered into with that organisation or person, is a sufficient disclosure of Interest in relation to that matter.
9.3 Interests register details
The relevant Interested Director will ensure that such details of his or her Interest are entered in the Interests Register and disclosed in the applicable annual report of ARH.
9.4 Interested directors may not vote
A Director who is Interested in a matter may attend a meeting of the Board at which that matter arises, but must not:
(a) vote or take part in any discussion or decision by the Board or any committee relating to the matter, or otherwise participate in any activity of any ARH Group member that relates to the matter;
(b) be included among the Directors present at a meeting of the Board for the purposes of a quorum during which a decision or discussion relating to the matter occurs or is made;
(c) sign a document relating to the matter on behalf of any ARH Group member; and
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2004, No 135
Gazette.govt.nz —
NZ Gazette 2004, No 135
✨ LLM interpretation of page content
🏗️
Ports of Auckland Limited Rules
(continued from previous page)
🏗️ Infrastructure & Public WorksPorts, Auckland, Directors, Meetings, Quorum, Chairperson, Rules