By Narelle Tagged in Governance 288 downloads
Scientific Committee on Antarctic Research
Conflict of Interest Policy
Approved on 16 Feb 2017
The trustees (Board members) of SCAR are obliged by law to act in the best interests of the charity and not for their own private interest or gain. However, there may be situations where a trustee’s own interests and the interests of SCAR arise simultaneously or appear to clash. The issue is not the integrity of the trustee concerned, but the management of any potential to profit from or otherwise abuse the position of being a trustee generally.
The duty of loyalty owed by the trustees to the charity requires that each trustee is aware of the potential for conflicts of interests and acts openly in dealing with such situations. This policy outlines how to deal with such situations.