Ethical Framework. a. OEFC has not developed its own conflict of interest rules. As such, OEFC is required to follow the conflict of interest rules for ministries that are set out in Ontario Regulation 381/07 under the PSOA. b. Pursuant to the PSOA (paragraph 4 of section 58), Ontario Regulation 381/07 applies to OEFC, with necessary modifications. To ensure compliance with Ontario Regulation 381/07 as it applies to OEFC, OEFC is required to identify senior positions in OEFC that are “designated senior positions” for the purposes of Ontario Regulation 381/07 as it applies to OEFC. These positions are identified in Appendix 5 of this MOU. c. Appointees are subject to the conflict of interest provisions of the AAD and the conflict of interest provisions of the PSOA and its regulations. d. Appointees shall not use any information gained as a result of their appointment to or membership on the Board for personal gain or benefit. An Appointee who has reasonable grounds to believe that he or she has a conflict of interest in a matter before the Board, or a committee of the Board, shall disclose the nature of the conflict to the Chair at the first opportunity and shall refrain from further participation in the consideration of the matter. The Chair shall cause to be recorded in the minutes of the meeting of the Board any declared conflicts of interest. e. The Chair, as the Ethics Executive for public servants who are Appointees, is responsible for ensuring that appointees of OEFC are informed of the ethical rules to which they are subject, including the rules on conflict of interest, political activity and protected disclosure of wrongdoing that apply to OEFC.
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Sources: Memorandum of Understanding, Memorandum of Understanding