All Directors and employees are expected to act with the utmost integrity and objectivity and to comply at all times with the existing laws governing its operations. In addition, they are also expected to conduct the Company's activities in keeping with the highest legal, moral and ethical standards.
Conflict of interestIn accordance with the Corporations Act 2001 and the Company's Constitution, Directors must keep the Board advised, on an ongoing basis, of any interest that could potentially conflict with those of the Company.
Where the Board believes that a significant conflict exists for a Director on a Board matter, the Director concerned does not receive the relevant Board papers and is not present at the meeting whilst the item is considered.Details of Director related entity transactions with the Company and Consolidated Entity are set out in the annual financial statements.
Code of conductAll employees and Directors are required at all times to act in accordance with the Consolidated Entity's Code of Conduct, which prescribes standards of behaviour to be maintained in relation to:
Share tradingWhilst the Board encourages its Directors and employees to own securities in the Company, it is also mindful of its responsibility that the Company comply with the Corporations Act 2001 pertaining to “insider trading” and “its proper duties in relation to the use of inside information”.
To ensure compliance with the relevant requirements of the Corporations Act 2001, the Company has established a policy on share trading in the Company's securities by Directors and employees which requires that: