# National Health Service Act 2006, Paragraph 18B


(1) The duties that a director of a public benefit corporation has by virtue of being a director include in particular—
(a) a duty to avoid a situation in which the director has (or can have) a direct or indirect interest that conflicts (or possibly may conflict) with the interests of the corporation;
(b) a duty not to accept a benefit from a third party by reason of being a director or doing (or not doing) anything in that capacity.
(2) The duty referred to in sub-paragraph (1)(a) is not infringed if—
(a) the situation cannot reasonably be regarded as likely to give rise to a conflict of interest, or
(b) the matter has been authorised in accordance with the constitution.
(3) The duty referred to in sub-paragraph (1)(b) is not infringed if acceptance of the benefit cannot reasonably be regarded as likely to give rise to a conflict of interest.
(4) In sub-paragraph (1)(b), “third party” means a person other than—
(a) the corporation, or
(b) a person acting on its behalf.

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Source: https://www.legislation.gov.uk/ukpga/2006/41/schedule/7/paragraph/18B (the official version)
Page: https://openlegislation.uk/national-health-service-act-2006/schedule-7/paragraph-18B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.