37.2  Meaning of 'Probity Event'

A "Probity Event" includes any event or thing which:

(a)  has a material adverse effect on the character, integrity or honesty of an associate97 of the private party;

(b)  relates to the private party or an associate and has a material adverse effect on the public interest or public confidence in the project; or

(c)  involves a material failure by the private party or an associate (where it is a corporation) achieving or maintaining reasonable standards of ethical behaviour, good corporate citizenship, avoidance of conflicts of interest or other standards of conduct that would otherwise be expected of a party involved in government projects.

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97  This will generally be defined to include any related body corporate of the private party and any officer, employee, agent, contractor, consultant or adviser of a member of the private party group for the particular project.