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2. Introduction. Stellenbosch University supports the objective to address conflicts of interestBut sees three main concerns:Defining the concept conflict of interest"Application of a general prohibitionLack of sanctionThese slides have to be read together with the full written submission
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1. SUBMISSION OF STELLENBOSCH UNIVERSITY (SU) ON THE HIGHER EDUCATION AMENDMENT BILL [B14-2011]TO PARLIAMENTS PORFOLIO COMMITTEE
31 August 2011
2. 2 Introduction Stellenbosch University supports the objective to address conflicts of interest
But sees three main concerns:
Defining the concept conflict of interest
Application of a general prohibition
Lack of sanction
These slides have to be read together with the full written submission of the University
3. 3 General submissions Meaning of conflict of interest
Clear definition required
Conflict of interest policy (consider conflict of commitment)
Supporting processes
General application of conflict of interest at board level and functional level
A general prohibition against a conflict of interest of a member with the institution is neither practical nor required
4. 4 General submissions General prohibition
A general prohibition against a conflict of interest of a member with the institution is neither practical nor required
Unintended consequences
Sometimes unavoidable; or
Acceptable under certain conditions
5. General submissions (cont.) Sanctions
suitable sanctioning provisions in the event of a breach
Consider a general avoidance provision to address collusion between council members to advance the interests of the recused member.
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