Conflict of Interest Policy (Not For Profit)
This Conflict of Interest Policy helps charities manage any conflicts of interests their board members may have.
Last updated October 24, 2025
Suitable for Australia
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Frequently asked questions
Use this Policy if:
- You need to create a process for disclosure of any conflicts of interest your board members may have;
- You want to ensure that board members are aware of their obligations regarding any conflict of interest;
- Your charity needs clarity on how to record and monitor any disclosed conflicts of interest;
- You want to clarify what constitutes a conflict of interest;
- You would like to communicate how any disclosed conflicts of interest are managed, and establish relevant sanctions for a breach;
- You seek to comply with obligations placed on responsible persons governing a charity by the Australian Charities and Not-for-profits Commission.
What does this Policy cover?
- Clarification of what constitutes a conflict of interest;
- Establishes the board’s responsibility to manage conflicts of interest;
- The process for identifying and declaring any conflict of interest;
- Confidentiality of disclosures;
- The actions required to manage conflicts of interest once disclosed, and the relevant factors to consider when deciding what action to take;
- Actions for breach of the policy.
Further information:
View Sample Conflict of Interest Policy (Not For Profit)
The Legal Risk Score of a Conflict of Interest Policy (Not For Profit) Template is Low
Our legal team have marked this document as low risk considering:
- There is a risk that board members may not fully understand or adhere to the requirements for identifying and disclosing conflicts of interest, which could undermine the operational integrity of the charity.
- The policy relies on the subjective judgment of board members to manage conflicts adequately, which could lead to inconsistent handling of similar situations.
- The document does not specify detailed penalties for non-compliance, which might result in inadequate enforcement of the policy.
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