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G. DEVELOPING
AND IMPLEMENTING A CONFIDENTIALITY POLICY
1.The Legal Duty of Confidentiality
•Directors have a legal duty to
retain in confidence and not disclose any information received
as a director which is determined to be of a confidential
nature
•This confidentiality can be lost
if the information is disclosed, for example in
litigation
•Not-for-profit corporate
legislation limits disclosure of director meeting minutes to
the directors
–Implied confirmation of their
confidentiality
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