Deposit Protection Act · s 12

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s 12Duties of directors

(1)

A director shall act honestly and in the best interest of the

Corporation and use reasonable diligence in the discharge of the duties of his office.

(2)

A director or any person who has been a director shall not —

(a)

make improper use of any information acquired by virtue of his position as a director to gain, directly, or indirectly, an advantage for himself or for any other person; or

(b)

do, say or publish anything which may be detrimental to the interests of the Corporation.