Page:United States Statutes at Large Volume 107 Part 1.djvu/215

 PUBLIC LAW 103-43—JUNE 10, 1993 107 STAT. 189 "(i) Policies for the selection of the officers, employ- ees, agents, and contractors of the Foundation. "(ii) Policies, including ethical standards, for the acceptance, solicitation, and disposition of donations and grants to the Foundation and for the disposition of the assets of the Foundation. Policies with respect to ethical standards shall ensure that officers, employ- ees and agents of the Foundation (including members of the Board) avoid encumbrances that would result in a conffict of interest, including a financial conflict of interest or a divided allegiance. Such policies shall include requirements for the provision of information concerning any ownership or controlling interest in entities related to the activities of the Foundation by such officers, employees and agents and their spouses and relatives. "(iii) Policies for the conduct of the general operations of the Foundation. "(iv) Policies for writing, editing, printing, publishing, and vending of books and other materials. "(B) In establishing bylaws under this subsection, the Board shall ensure that such bylaws (and activities carried out under the bylaws) do not— "(i) reflect unfavorably upon the ability of the Foundation or the National Institutes of Health to carry out its responsibilities or official duties in a fair and objective manner; or "(ii) compromise, or appear to compromise, the integrity of any governmental agency or program, or any officer or employee involved in such program."; (5) in subsection (i) (as so redesignated)— (A) in paragraph (4), by inserting ", and define the duties of the officers and employees" before the semicolon at the end; (B) by striking paragraph (5); (C) by redesignating paragraphs (6) through (14), as paragraphs (5) through (13), respectively; (D) in paragraph (7) (as so redesignated), by striking "this subtitle" and inserting "this part"; (E) by striking paragraph (8) (as so redesignated), and inserting the following paragraph: "(8) establish a process for the selection of candidates for positions under subsection (c);" (F) by inserting "solicit" after the paragraph designation in paragraph (11) (as so redesignated); (G) by striking "and" at the end of paragraph (13) (as so redesignated); (H) by inserting after paragraph (13) (as so redesignated), the following paragraph: "(14) enter into such other contracts, leases, cooperative agreements, and other transactions as the Executive Director considers appropriate to conduct the activities of the Foundation; and"; and (I) in paragraph (15), by striking "this subtitle" and inserting "this part"; (6) by inserting after subsection (j) (as so redesignated), the following subsections:

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