Definitions

1   In this regulation:

"Act" means the Vancouver Charter;

"entity" means any of the following:

(a) a society or extraprovincial society;

(b) a corporation, other than a society or extraprovincial society, incorporated by a public authority, that provides a service to the City of Vancouver;

"extraprovincial society" has the same meaning as in the Society Act;

"representative" means a member of the Council appointed by the Council to the board of an entity;

"society" has the same meaning as in the Society Act;

"specified interest" means any of the following:

(a) an expenditure of public funds to or on behalf of an entity;

(b) an advantage, benefit, grant or other form of assistance to or on behalf of an entity;

(c) an acquisition or disposition of an interest or right in real or personal property that results in an advantage, benefit or disadvantage to or on behalf of an entity;

(d) an agreement respecting a matter described in paragraph (a), (b) or (c).

Nature of pecuniary interest

2   For the purposes of section 145.6 (1) (e) [exceptions from conflict restrictions] of the Act, a pecuniary interest in relation to a representative in the nature of a specified interest that arises as a result of

(a) the representative being appointed by the Council to the board of the entity, and

(b) the representative

(i) attending any part of a meeting during which the specified interest is under consideration by the following:

(A) the Council;

(B) a committee of the Council;

(C) any other body referred to in section 165.7 [application to other city bodies] of the Act,

(ii) participating in any discussion of the specified interest at such a meeting, or

(iii) voting on a question in respect of the specified interest at such a meeting

is prescribed.