Non-executive members: conflicts of interestU.K.
4(1)Before appointing a person to be a non-executive member, the Secretary of State must be satisfied that the person does not have a conflict of interest.U.K.
(2)A non-executive member, or a person the Secretary of State proposes to appoint as a non-executive member, must provide the Secretary of State with such information as the Secretary of State requires from the person in order to determine whether the person has a conflict of interest (whether for the purposes of sub-paragraph (1) or paragraph 3(3)(a)).
(3)In this Schedule, “conflict of interest”, in relation to a person, means a financial or other interest which is likely to affect prejudicially the discharge by the person of his or her functions as a member or employee of the single financial guidance body, or as a member of a committee or sub-committee of the single financial guidance body.
Commencement Information
I1Sch. 1 para. 4 in force at 1.10.2018 by S.I. 2018/1029, reg. 2(o)