No reproduction licensing arrangements may be awarded or approved under this rule if a conflict of interest, real or apparent, would result. A conflict of interest is deemed to consist of any financial or other personal Interest In such arrangement if such involvement can be expected to result in subsequent financial remuneration or benefit to the individual. Conflict of interest would arise when any of the following has a financial or other interest in the licensing agreements by this rule:
94- 073 C.M.R. ch. 502, § 8