In answer to your question, Mr. Murphy, parliamentary privilege, and all that that is about, is constitutional in nature. The Conflict of Interest Act is a mere statute. If there are remedies available to a person, a minister, a parliamentary secretary, or a member with respect to provisions of the Conflict of Interest Act, and those remedies are found in parliamentary privilege, they will argue parliamentary privilege has a priority set of laws because it's constitutional in nature, whereas the Conflict of Interest Act is merely a statute.
On June 5th, 2006. See this statement in context.