Higher Education Act, 1997 (Act No. 101 of 1997)NoticesStandard Institutional Statute, 2018Chapter 11 : Employees54. Conditions of employment and conflict of interest |
| (1) | The conditions of employment, including the determination and review of salaries and all other forms of remuneration, disciplinary provisions, privileges and functions of employees, are approved by Council and may be amended from time to time by Council, and are furthermore subject to the applicable labour laws. The power contemplated in paragraph 54 may be delegated to the Human Resources Committee of Council that may make arrangements with the Principal regarding the implementation or determination of any of these conditions of employment. |
| (2) | With regard to conflict of interest the following shall apply: |
| (a) | An employee must in writing before he or she assumes office and whenever a new interest arises, declare any business, commercial or financial activities undertaken for financial or other gain that may give rise to a conflict or possible conflict of interest with the University. |
| (b) | An employee may not conduct business directly or indirectly with the University that entails or may entail a conflict of interest with the University, unless the Council is of the opinion, and takes a decision, that— |
| (i) | the goods, product or service are unique; |
| (ii) | the supplier is a sole provider; and |
| (iii) | it is in the best interest of the University. |
| (c) | An employee may not on behalf of the University contract with himself or herself or his or her relative or any entity in which the employee or any relative has a direct or indirect financial, personal, fiduciary or other interest. |