2(1)The members of the Corporation shall be—
(a)not less than six nor more than eight persons appointed by the Secretary of State; and
(b)the chief executive of the Corporation appointed under paragraph 7 below;
and the members appointed under paragraph (a) above are in this Schedule referred to as the “appointed members”.
(2)Before appointing a person to be a member of the Corporation the Secretary of State shall satisfy himself that he will have no financial or other interest likely to affect prejudicially the exercise of his functions as a member; and the Secretary of State may require a person whom he proposes to appoint to give him such information as he considers necessary for that purpose.