29(1)Subject to subsection (2), the Board may make by-laws for the control and management of the business and affairs of the Corporation.

29(2)The Board shall make by-laws establishing the policy of the Corporation in respect of situations considered by the Corporation to constitute an actual or potential conflict of interest pertaining to its members, including the circumstances that constitute an actual or potential conflict of interest, the disclosure of the actual or potential conflict of interest and the manner in which it is to be dealt with.

29(3)By-laws made under subsections (1) and (2) are ineffective until they have been approved by the Lieutenant-Governor in Council.