109 CHAPTER XVI LEADERSHIP CODE OF CONDUCT Purpose of Code 239. The Leadership Code of Conduct seeks to ensure that those in leadership, whether elective or appointive ­ (a) are transparent in their activities and accountable to the people they represent or serve; (b) are committed to the rule of law and administrative justice; (c) adhere to the principles of service for the common good; (d) do not abuse office; and (e) do not engage in conduct that is likely to lead to corruption in public affairs. Conflict of interest 240. A person who holds an office referred to in section 241 (2) shall not­ (a) assume a position where personal interest conflicts or is likely to conflict with the performance of functions of office; and (b) engage in conduct that is ­ (i) likely to compromise the honesty, impartiality and integrity of that officer; (ii) likely to lead to corruption in public affairs; or (iii) which is detrimental to the public good or welfare or good governance. Declaration of assets and liabilities 241. (1) A person who holds an office mentioned in sub-section (2) shall submit to the Integrity Commission, a written declaration of all property, assets owned by, or any benefit gained or liabilities owed by the holder of that office whether directly or indirectly – (2) (a) within six months after the commencement of the Integrity Commission before taking office as the case may be; (b) at the end of every two years; and (c) at the end of his term of office. or Sections 240 and 241(1) apply to the holders of the following offices­ (a) Prime Minister, Deputy Prime Minister and Minister; (b) member of the King’s Advisory Council; (c) member of Parliament including the Presiding Officers; 109