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SCHEDULES

SCHEDULE 1Office of Rail Regulation

Conflict of interest

18(1)Procedural arrangements made by the Office under paragraph 8 shall include arrangements under which a member, employee or committee-member who has a financial or other personal interest which is likely to influence his performance of a particular function is obliged—

(a)to declare the interest, and

(b)to withdraw from the performance of the function to the relevant extent.

(2)Procedural arrangements made by the Office under paragraph 8 shall include arrangements under which a member, employee or committee-member who has a financial or other personal interest which is relevant to a particular function but does not fall under sub-paragraph (1) is obliged—

(a)to declare the interest, and

(b)unless the members of the Office direct otherwise, to withdraw from the performance of the function to the relevant extent.