# Railways and Transport Safety Act 2003, Paragraph 17


(1) Before appointing a person as a member of the Office the Secretary of State shall satisfy himself that the person neither has nor is expected to acquire a financial or other personal interest which is likely to influence the performance of his functions as a member.
(2) From time to time the Secretary of State shall satisfy himself that no member of the Office has a financial or other personal interest which is likely to influence the performance of his functions as a member.

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Source: https://www.legislation.gov.uk/ukpga/2003/20/schedule/1/paragraph/17 (the official version)
Page: https://openlegislation.uk/railways-and-transport-safety-act-2003/schedule-1/paragraph-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.