75—Duty of Executive Officer with respect to conflict of interest
(1) If the Executive
Officer has a pecuniary or other personal interest that conflicts or may
conflict with the Executive Officer's duties under section 74, the
Executive Officer must disclose in writing to the Board the nature of the
interest and the conflict or potential conflict.
(2) The
Executive Officer must comply with any written directions given by the Board
to resolve a conflict between the Executive Officer's duties and a pecuniary
or other personal interest.
(3)
Subsection (1) does not apply in relation to a conflict or potential
conflict between the Executive Officer's duties and a pecuniary or other
personal interest while the Executive Officer remains unaware of the conflict
or potential conflict.