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4It shall be the duty of the Secretary of State—
(a)to satisfy himself, before he appoints a person to be a member of the Board, or gives his approval under paragraph 18 below to the appointment of a person to be a member of a committee of the Board, that he will have no such financial or other interest as is likely to affect prejudicially the discharge of his functions as a member ; and
(b)to satisfy himself from time to time with respect to each member that he has no such interest;
and a person who is a member of the Board or of such a committee shall, whenever required by the Secretary of State to do so, furnish the Secretary of State with such information as he may specify with a view to carrying out his duty under this paragraph.
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