Last Updated: 16 October 2023

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The Code of Conduct must make provision for the following matters—
  • (a)the ethical standards and principles adopted by the Board, including—
    • (i)its core values; and
    • (ii)expected standards of conduct by Board members and staff members;
  • (b)transparency and accountability, including encouraging reporting of unlawful or unethical behaviour and actively promoting ethical behaviour;
  • (c)the circumstances in which Board members and staff members may accept gifts and other benefits, including reporting and recording them;
  • (d)the use of Board resources, including phones, cars and other property;
  • (e)Board-related business travel, including its relationship to personal travel;
  • (f)conflicts of interests, including procedures for identifying, reporting and resolving them;
  • (g)managing breaches of the Code, including monitoring compliance and reporting breaches;
  • (h)using and disclosing information by Board members and staff members;
  • (i)reducing or eliminating improper influence on the Board, on Board members and staff members in carrying out their functions under or in relation to this Act;
  • (j)trading in and ownership of securities or other financial instruments by Board members or staff members; and
  • (k)the application of provisions of the Code to persons mentioned in section 20(1)(b) or (c).