Regulation 12 Conflict of interest: scheme advisory boardI1
United Kingdom
(1)
The Secretary of State must be satisfied that any person to be appointed as a member of the scheme advisory board does not have a conflict of interest.
(2)
The Secretary of State must be satisfied from time to time that none of the members of the scheme advisory board has a conflict of interest.
(3)
If the Secretary of State determines that a member of the scheme advisory board has a conflict of interest, the Secretary of State must terminate the appointment of the member.
(4)
A member of the scheme advisory board or a person proposed to be appointed as such a member must provide the Secretary of State with such information as the Secretary of State reasonably requires for the purposes of paragraph (1) or (2).