Section 1 The Agency.

There shall continue to be a body corporate called the British Film Fund Agency (in this Act referred to as “the Agency”).

The Agency shall consist of such number of members appointed by the Secretary of State, not being less than three nor more than five, as he may from time to time determine.

The Secretary of State shall satisfy himself with respect to any person whom he proposes to appoint to be a member of the Agency that that person has no such financial or industrial interest as is likely to affect him in the discharge of his functions.

Schedule 1 (which contains supplementary provisions relating to the Agency) shall have effect.