Approved: June 20, 2000
Purpose:
This policy statement is designed to clarify the Association's position on conflicts of interest as they apply to members of the Association's Board, or any other decision-making body of the organization and OSCA employees while carrying out their duties for the association.
Principles:
l. OSCA is a community-based organization and it encourages the full participation of all members of the community in its activities and governing bodies.
2. As such, OSCA appreciates that the relatively small size of the community may give rise to situations where officers or members of the Association are involved in making decisions that may affect their own personal interests or the interests of organizations or business to which they belong.
When a Board member, or an employee of the Association, is making a decision, or in the case of an employee taking a discretionary action on behalf of the Association, he or she must not do so in such "way that a financial benefit from the Association would come to themselves, any member of their immediate family, a business they own or are an employee of, or an organization of which they are a member.
Procedure:
Where there is a potential conflict of interest as outlined above, individuals must:
a) state clearly when a decision is being taken that it could benefit them financially, those of their immediate families, or organizations or businesses of which they are a part; and
b) refrain from participating in a vote or a decision.