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CONFLICT OF INTEREST DISCLOSURE STATEMENT Preamble Pursuant to s.56 of the Societies Act (BC), \” Directors must disclose direct or indirect material interests in: (a)a contract or transaction,

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How to fill out conflict of interest disclosure

01

Review the conflict of interest policy of the organization

02

Identify any potential conflicts of interest that may arise

03

Fill out the disclosure form accurately and completely

04

Provide all relevant details and information about the conflict of interest

05

Submit the completed disclosure form to the appropriate party for review and approval

Who needs conflict of interest disclosure?

01

Employees

02

Board members

03

Volunteers

04

Anyone involved in decision-making processes within the organization

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What is conflict of interest disclosure?

Conflict of interest disclosure is a process where individuals disclose any potential conflicts between their personal interests and their duties or responsibilities in a particular organization or position.

Who is required to file conflict of interest disclosure?

Certain individuals like board members, officers, and employees of an organization may be required to file conflict of interest disclosure.

How to fill out conflict of interest disclosure?

To fill out a conflict of interest disclosure form, individuals typically need to provide information about their financial interests, relationships, and other potential conflicts that may arise in their roles.

What is the purpose of conflict of interest disclosure?

The purpose of conflict of interest disclosure is to promote transparency, trust, and accountability by ensuring that any potential conflicts are identified and addressed appropriately.

What information must be reported on conflict of interest disclosure?

Information such as financial interests, relationships with related parties, and any other potential conflicts that may arise in the individual's role must be reported on a conflict of interest disclosure form.

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