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Registration and Declaration of Senator's Interests: 3 Registrable interests



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Registration and declaration of senators’ interests

Senators’ interests

3 Registrable interests

The statement of a senator s registrable interests to be provided by a senator shall include the registrable interests of which the senator is aware of the senator s spouse or partner and of any children who are wholly or mainly dependent on the senator for support, and shall cover the following matters:

(a) shareholdings in public and private companies (including holding companies) indicating the name of the company or companies;

(b) family and business trusts and nominee companies:

(i) in which a beneficial interest is held, indicating the name of the trust and the nature of its operation and beneficial interest, and

(ii) in which the senator, the senator s spouse or partner, or a child who is wholly or mainly dependent on the senator for support, is a trustee (but not including a trustee of an estate where no beneficial interest is held by the senator, the senator s spouse or partner or dependent children), indicating the name of the trust, the nature of its operation and the beneficiary of the trust;

(c) real estate, including the location (suburb or area only) and the purpose for which it is owned;

(d) registered directorships of companies;

(e) partnerships, indicating the nature of the interests and the activities of the partnership;

(f) liabilities, indicating the nature of the liability and the creditor concerned;

(g) the nature of any bonds, debentures and like investments;

(h) saving or investment accounts, indicating their nature and the name of the bank or other institutions concerned;

(i) the nature of any other assets (excluding household and personal effects) each valued at more than $7 500;

(j) the nature of any other substantial sources of income;

 

(k) gifts valued at more than $750 received from official sources (such sources being an Australian or foreign national, state, provincial or local government or a person holding an office in such a government) or at $300 or more where received from other than official sources, provided that a gift received by a senator, the senator s spouse or partner or dependent children from family members or personal friends in a purely personal capacity need not be registered unless the senator judges that an appearance of conflict of interest may be seen to exist;

(l) any sponsored travel or hospitality received where the value of the sponsorship or hospitality exceeds $300;

(m) being an officeholder of or financial contributor donating $300 or more in any single calendar year to any organisation; and

(n) any other interests where a conflict of interest with a senator s public duties could foreseeably arise or be seen to arise.

(17 March 1994 J.421, amended 21 June 1995 J.3473, 15 September 2003 J.2365)