Part 2Reserve Bank of New Zealand
Monetary policy committee: Code of conduct
107Content of code
The code must provide for minimum standards of conduct that must be demonstrated when acting as a member of the MPC, including—
- rules for managing and avoiding conflicts of interest; and
- rules for maintaining the confidentiality of information; and
- rules to promote active participation and preparation; and
- any other minimum standards of ethical behaviour.
The rules about conflicts of interest may provide for the disclosure of interests, including—
- defining the nature of interests to be disclosed; and
- providing for what must be disclosed, to whom disclosure must be made, and how disclosures of interests must be made; and
- providing for the consequences of non-disclosure; and
- regulating or prohibiting participation of an interested member in decision making; and
- providing for the establishment and maintenance of an interests register.
The code must not be inconsistent with anything in this Act or the charter.
Compare
- 1989 No 157 s 63K


