Conflict of Interest Act

Conflict of Interest Act

29 For the purposes of the Conflict of Interest Act, the circumstances in which a commissioner is in a conflict of interest while exercising the powers or performing the duties and functions of a commissioner include (a) engaging in, as owner, shareholder, director, officer, partner or in any other way, the business of producing, selling, buying, transmitting, exporting, importing or otherwise dealing in hydrocarbons, electricity or offshore energy; (b) holding any bond, debenture or other security of a corporation engaged in any such business; (c) holding other employment that is inconsistent with their powers, duties and functions or with any provision of this Act or a regulation made under it; and (d) holding office as the Chief Executive Officer or being employed by the Regulator.