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Paragraph 18 I1

(1)

Procedural arrangements made by the Office under paragraph 8 shall include arrangements under which a member, employee or committee-member who has a financial or other personal interest which is likely to influence his performance of a particular function is obliged—

(a)

to declare the interest, and

(b)

to withdraw from the performance of the function to the relevant extent.

(2)

Procedural arrangements made by the Office under paragraph 8 shall include arrangements under which a member, employee or committee-member who has a financial or other personal interest which is relevant to a particular function but does not fall under sub-paragraph (1) is obliged—

(a)

to declare the interest, and

(b)

unless the members of the Office direct otherwise, to withdraw from the performance of the function to the relevant extent.

Annotations

Commencement

I1

Sch. 1 para. 18 in force at 5.7.2004 by S.I. 2004/827, art. 4(f)

Notes on Schedule 1

Textual amendments

F1

Words in Sch. 1 substituted (16.10.2015) by The Office of Rail Regulation (Change of Name) Regulations 2015 (S.I. 2015/1682), reg. 1(2), Sch. para. 2(d)