Gifts & Hospitality

Question 1

What things would you consider when assessing if a gift is appropriate to accept

Answer 1

• Value
• Timing
• Proportionate to working relationship
• Will it affect my ability to act impartially
• Is it proportionate to gifts being offered to others
• Who is it being given to (just one person or range of people from different organisations)
• Is it in line with RICS rules of conduct and relevant legislations

Question 2

What is RLBs gift policy?

Answer 2

• All hospitality has to be recorded (acepted or refused)
• No authorisation for small gifts e.g. routine working meal
• Can accept more significant gifts if:
  
  • Demonstrable business rationale
  • If over £75, approved by partner
    
    • Manager must determine if proportionate and appropriate within context of relationship

Question 3

Can you accept gift from client or contractor

Answer 3

• Can be accepted in certain cirumstances - consult ethics decision tree

Key points
- Time of gift
- Proportionality of gift
- Consideration to the impartiality or perceived impartiality of gift offered