Agrement South Africa Act, 2015 (Act No. 11 of 2015)18. Conflict of interest of members of Board |
| (1) | A member of the Board may not have a conflict of interest with Agrément South Africa. |
| (2) | A member of the Board may not, during and for a period of two years following the lapse or termination of his or her term of office, directly or indirectly enter into contractual relationship with Agrément South Africa for the supply of any goods or services. |
| (3) | A member of the Board who has a direct or indirect financial, personal or other interest in any matter which is to be discussed at a meeting and which entails or may entail a conflict or possible conflict of interest must, before or during such meeting, declare the interest. |
| (4) | A person may, in writing, inform the chairperson of a meeting, before a meeting, of a conflict or possible conflict of interest of a member of the Board of which such person may be aware. |
| (5) | A member of the Board referred to in subsections (3) and (4) is obliged to recuse himself or herself from the meeting during the discussion and voting of the matter in which he or she has an interest. |