We recognise as having a stake in what we do all individuals, groups or organisations that stand either to benefit or lose by our activities. These include:
We are a civil society organisation committed to respecting the following principles:
Application for membership must be submitted to the Secretary of CBB for submission to the Board of Directors for its approval.
Membership may be terminated by resignation. It may also be terminated as a result of failure to pay the annual subscription within a reasonable period, failure to comply with the provisions of the By–Law or conduct that is or may be injurious to CBB.
Citizens for a Better Bahamas’ (CBB) efforts to raise the ethical standards of government officials, business people and other individuals could be compromised by any ethical lapses on the part of individuals representing CBB. It is essential that everyone associated with CBB be highly sensitive to potential conflicts of interest.
For the purpose of this policy, a conflict of interest is a situation where anybody associated with CBB is confronted with choosing between the duties and demands of their position and their own private interests. As such, this policy applies, except as otherwise stated, to every person associated with CBB, as a board member, officer, resource person or staff member. The “interests of any person associated with CBB” include the interests of any person with whom they have a close personal relationship, including their spouse, life partner, children, parents or siblings.
Conflicts of interest may arise from time to time in the course of such persons’ activities and decisions. They may arise in their work for CBB with regard to pecuniary or financial interests, or interests that impede them in their duty to act in the best interests of the CBB.
No person associated with CBB or any of its National Chapters shall accept any gift, entertainment, loan or anything else of value from any organisation or individual if it could be reasonably construed or perceived that the gift is motivated by a wish to influence CBB.
When CBB makes payments including allowances – but excluding approved expenses and per diems – to a member of the Board or a staff member – this should be declared in full in the annual Financial Statement and Annual Report of the CBB. Such reporting should also outline the procurement/tender procedures conducted that led to such payment.
This policy sets minimum standards.
At the end of every quarter, the Treasurer produces reports for the Board. These include financial statements for each program and project in addition to the standard income statement and balance sheet.
Adequate documentation will be maintained to support all general entries including journal entries, purchases and income transactions.