Chief executives, senior executives, and public service employees have an obligation to disclose an interest that conflicts or may conflict with the performance of their official duties (Sections 102 and 186 of the Public Service Act 2008).
A conflict of interest occurs when their private interests interfere, or appear to interfere with the performance of their official duties. A conflict can arise from avoiding personal losses or gaining personal advantage.
Having a conflict of interest is not considered misconduct or a breach of the Code of Conduct. What is important is:
- being open about the conflict of interest
- how the conflict of interest is managed
- ensuring it is resolved in the public interest.
All conflicts of interest must be managed and resolved in the public interest.