# The British Shipbuilders Regulations 1977, Regulation 3


(1) The provisions of this Regulation shall apply for the purpose of enabling the Secretary of State to satisfy himself—
(a) before he appoints a person to be a member of the Corporation, that that person will have no such financial or other interest as is likely to affect prejudicially the exercise and performance of his functions as a member; and
(b) from time to time with respect to each member, that he has no such interest.
(2) Every person who is a member of the Corporation or whom the Secretary of State proposes to appoint as a member, and who has consented to be so appointed, shall furnish the Secretary of State with such information as the Secretary of State may, for the purpose referred to in paragraph (1) above, require him to furnish.
(3) The information referred to in paragraph (2) above shall be furnished at such times and in such form as the Secretary of State may specify.

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Source: https://www.legislation.gov.uk/uksi/1977/626/regulation/3 (the official version)
Page: https://openlegislation.uk/british-shipbuilders-regulations-1977/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.