88Conflict of interestE+W
(1)The regulator's procedural arrangements under section 87 must include arrangements for dealing with any conflict of interest of—
(c)members of committees and sub-committees.
(2)The arrangements must oblige a person—
(a)to declare any financial or other personal interest relevant to the exercise of a function, and
(b)to withdraw from the performance of that function unless the regulator directs otherwise, being satisfied that the interest will not influence performance of the function.