Article 186. Duty to promote the purpose of the legal person

(1) A director must act in the way he considers, in good faith, would be most likely to promote the purpose of the legal person, and in doing so have regard (amongst other matters) to:
a) the likely consequences of any decision in the long term;
b) the interests of the legal person’s employees;
c) the need to foster the legal’s relationships with suppliers, customers and other business partners;
d) the impact of the legal person’s operations on the community and the environment;
e) the desirability of the legal person maintaining a reputation for high standards of business conduct in its sector;
f) the need to act fairly as between members of the legal person.
(2) Notwithstanding, in cases explicitly provided by law, a director must act in the interests of creditors of the legal person.