Coal Act 1938

7It shall not be lawful for a member of the Commission while he holds office to acquire, directly or indirectly, for Ms own benefit any interest or securities in any such undertaking as aforesaid, and if a member of the Commission becomes entitled for his own benefit under any will or succession or otherwise to any interest or securities in any such undertaking, he shall sell or dispose of it or them -within three months after he has so become entitled thereto.