Subsection 1: Staff

Members of staff of a credit institution or finance company who have been authorised to sign on behalf of the company may not hold any other job or perform any paid work outside the company without first informing the company’s management. This provision does not apply to the production of scientific, literary or artistic works.

Where they have been given authority to sign on behalf of a credit institution or finance company, members of the staff of that company may not, without the authorisation of the general management, perform administrative, management or executive duties in another credit institution, finance company, investment firm, portfolio management company or commercial company governed by Book II of the Commercial Code.