Staff of the Corporation

(1) The Corporation may employ such staff as required for the performance of its functions, on terms and conditions approved by the Board. 12 (2) The Chief Executive Officer and other staff of the Corporation have a fiduciary obligation to the Corporation and shall– (a) place the interest of the Corporation before any personal or other interest; and (b) avoid any situation that is likely to give rise to a conflict of interest. (3) The Chief Executive Officer or other staff of the Corporation shall not accept any gift, benefit, reward or remuneration, whether financial or otherwise, from any person or in respect of any matter connected with the discharge of a function of or duty to the Corporation. (4) The Chief Executive Officer or other staff of the Corporation who contravenes sub-section (3) commits an offence and is liable on summary conviction to a fine of ten thousand dollars or a term of imprisonment for one year or both such fine and term of imprisonment.