(1) Nothing in this Division affects or limits any other duty imposed on a director of a public entity by or under any other provision of this Act. (2) This Division has effect in addition to, and not in derogation of, any Act or law relating to the criminal or civil liability of directors and does not prevent the institution of any criminal or civil proceedings in respect of such a liability. 79 Duties of directors (1) A director of a public entity must at all times in the exercise of the functions of his or her office act— (a) honestly; and (b) in good faith in the best interests of the public entity; and (c) with integrity; and (d) in a financially responsible manner; and (e) with a reasonable degree of care, diligence and skill; and (f) in compliance with the Act or subordinate instrument or other document under which the public entity is established. (2) A person who is or has been a director of a public entity must not, except to the extent necessary— (a) to exercise functions under this or any other Act; or (b) to give any information that he or she is expressly authorised, permitted or required to give under this or any other Act— give to any other person, whether directly or indirectly, any information acquired by him or her by reason of being a director.
(1) Nothing in this Division affects or limits any other duty imposed on a director of a public entity by or under any other provision of this Act. (2) This Division has effect in addition to, and not in derogation of, any Act or law relating to the criminal or civil liability of directors and does not prevent the institution of any criminal or civil proceedings in respect of such a liability. 79 Duties of directors (1) A director of a public entity must at all times in the exercise of the functions of his or her office act— (a) honestly; and (b) in good faith in the best interests of the public entity; and (c) with integrity; and (d) in a financially responsible manner; and (e) with a reasonable degree of care, diligence and skill; and (f) in compliance with the Act or subordinate instrument or other document under which the public entity is established. (2) A person who is or has been a director of a public entity must not, except to the extent necessary— (a) to exercise functions under this or any other Act; or (b) to give any information that he or she is expressly authorised, permitted or required to give under this or any other Act— give to any other person, whether directly or indirectly, any information acquired by him or her by reason of being a director.
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