Conflicts of Interest

Management of conflict of interest

We avoid conflicts of interest

A conflict of interest occurs where an employee(s) has a personal or professional interest sufficient to influence, or appear to influence, the objective performance of their duties. A real or apparent conflict of interest can jeopardise confidence in HFACT. Therefore, we do not participate in activities that could put us in such a position.

Conflicts of interest will be avoided when:

• We do not put ourselves in a position where it could appear that our private interests or activities, including personal relationships, sporting, social or cultural activities, are in conflict with our position in HFACT;
• We do not put ourselves in a position where personal interests and/or relationships compromise the therapeutic intent of HFACT;
• We separate our political views and activities from the performance of our official duties;
• We inform the President as soon as we become aware of possible conflicts of interest including the financial or personal interests of ourselves or of those we know.
• We declare any conflicts of interest that could occur through our share-holdings, ownership of real estate or being the trustee or beneficiary of a trust.

We do not solicit, accept or offer money, gifts, favours or entertainment that might influence, or appear to influence our judgement.

We do not accept gifts or benefits without the approval of the President, unless the gift is of little financial value. Staff may accept token gifts such as chocolates or flowers in gratitude unless it is intended to influence decisions about how work is conducted, contracts let or goods purchased.