APPROVED BY DOUGLAS COLLEGE BOARD- APRIL ‘19, 198: | DOUGLAS COLLEGE | ARCHIVES CONFLICT OF INTEREST POLICY POLICY All employees of Douglas College shal] conduct themselves in such a manner that they will not enter into a conflict of interest. DEFINITION A conflict of interest exists when: (i) an employee of the College has a direct or indirect financial interest in a proposed contract or transaction with the College; (i1) an employee holds any otfice, or possesses any property wherebv, either directiv or indirectly, a duty or interest is created in conflict with the employee's duties or interests as an employee of the College. (iii) an employee uses confidential College records in an unauthorized manner or for unauthorized purposes. PROTEDURES: 1. Disclosure (i) All College employees shall disclose, in writing, to their supervisors the nature and extent of their financial interest in any contract or transaction with the College. (11) All College employees shal! disclose, in writing, to their supervisors the fact, nature and extent of any conflict which may exist, or mght be created, as a result ot the employees holding any oftice or possessing any vroperty. eer i