5. The code of ethics and conduct must also set out1° the rules that must guide the conduct of individuals as members of a council, committee or commission of the municipality or as members of another body in their capacity as council member;
2° the rules that must guide the conduct of those individuals after the expiry of their term as council member.
The rules must, in particular, aim to prevent1° any situation where the private interest of a council member might impair his or her independence of judgment in carrying out the duties of office; and
2° (subparagraph repealed);
3° favouritism, embezzlement, breach of trust or other misconduct.