Economic Development Act 2012
sec.161Duty to act honestly and exercise care and diligence
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sec.161 Duty to act honestly and exercise care and diligence
A board member or committee member must act honestly, and must exercise a reasonable degree of care and diligence, when performing the member’s functions and exercising the member’s powers. A person who is or was a board member or committee member must not make improper use of information acquired because of the person’s position as a board member or committee member— to gain, directly or indirectly, an advantage for the person or for any other person; or to cause detriment to MEDQ. A board member or committee member must not make improper use of the member’s position as a member— to gain, directly or indirectly, an advantage for the member or for any other person; or to cause detriment to MEDQ. This section— has effect in addition to, and not in derogation of, any law relating to the civil or criminal liability of a person because of the person’s office as a board member or committee member; and does not prevent the starting of a civil or criminal proceeding in respect of civil or criminal liability. See also section 171 (Protection from civil liability). s 161 amd 2019 No. 11 s 231 s ch 1 pt 1 (sec.161-ssec.1) A board member or committee member must act honestly, and must exercise a reasonable degree of care and diligence, when performing the member’s functions and exercising the member’s powers. (sec.161-ssec.2) A person who is or was a board member or committee member must not make improper use of information acquired because of the person’s position as a board member or committee member— to gain, directly or indirectly, an advantage for the person or for any other person; or to cause detriment to MEDQ. (sec.161-ssec.3) A board member or committee member must not make improper use of the member’s position as a member— to gain, directly or indirectly, an advantage for the member or for any other person; or to cause detriment to MEDQ. (sec.161-ssec.4) This section— has effect in addition to, and not in derogation of, any law relating to the civil or criminal liability of a person because of the person’s office as a board member or committee member; and does not prevent the starting of a civil or criminal proceeding in respect of civil or criminal liability. See also section 171 (Protection from civil liability). s 161 amd 2019 No. 11 s 231 s ch 1 pt 1
- (a) to gain, directly or indirectly, an advantage for the person or for any other person; or
- (b) to cause detriment to MEDQ.
- (a) to gain, directly or indirectly, an advantage for the member or for any other person; or
- (b) to cause detriment to MEDQ.
- (a) has effect in addition to, and not in derogation of, any law relating to the civil or criminal liability of a person because of the person’s office as a board member or committee member; and
- (b) does not prevent the starting of a civil or criminal proceeding in respect of civil or criminal liability.