Building and Construction Industry Security of Payment—Authorised Nominating Authorities (Code of Practice) Order 2020
9Authorised nominating authorities must have policy for avoiding conflicts of interest
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9 Authorised nominating authorities must have policy for avoiding conflicts of interest
9 Authorised nominating authorities must have policy for avoiding conflicts of interest
(1) An authorised nominating authority must have a policy to identify and manage actual and perceived conflicts of interest that affect, or are perceived to affect, the ability of the authority to carry out the authority’s role impartially and in the interests of the parties to an adjudication.
(2) Without limiting the operation of this Part, an authorised nominating authority has a conflict of interest in relation to the nomination and referral of adjudicators if there is a reasonable likelihood or expectation of an appreciable financial or other benefit or loss to the authority or to an associate of the authority.
(3) An authorised nominating authority must, at the Secretary’s request, give the Secretary a copy of a policy under this clause.