Ordinance XXXVII: Conduct of Business and Conflicts of Interest
This Ordinance is designed to procure that decisions within the College are made solely in the interests of the College, free from suspicion of any conflicting interest or divided loyalty. The Ordinance applies in particular to ‘charity trustees’, i.e. members of the Council and any others who have the general management of separate trust funds, who effect disbursements of money or other assets that the College holds in trust. The spirit of the ordinance should be respected by all those with power to elect or appoint persons whose emoluments are fixed by the Council or to propose awards or disbursements to be made by the Council.
A ‘conflicting interest’ is not necessarily financial, but includes any relationship which might generate a sense of loyalty to a person or body other than the College, e.g. a trusteeship or other major role in a charity, affiliation to a body designed to promote a particular purpose, or a family or other close relationship with any proposed appointee or beneficiary.
The Secretary of the Council should also be notified of any gift(s) of value above £150 received from a relevant third party.
Return to Publication Scheme