What is a conflict of interest?
It can be any situation where an officer’s personal interests, obligations or relationships could interfere with their ability to act in the society’s best interests.
Officers have a duty to act in good faith and in the best interests of the society. A conflict of interest may arise when:
- An officer benefits directly financially or otherwise from a matter involving the society or indirectly through a family member who may obtain a financial or other benefit from the matter.
- The society is negotiating or entering into an agreement or contract with a company or an organisation that the officer is a director or officer of that has a financial interest in the matter.
You can register any perceived conflict here, outside of the examples above.