The regulator's procedure under section 92M must include arrangements for dealing with any conflict of interest of—
members,
members of staff, or
members of committees or sub-committees.
The procedure must oblige a person—
to declare any financial or other personal interest relevant to the exercise of a function of the regulator, and
to withdraw from the performance of that function unless the regulator directs otherwise, being satisfied that the interest will not influence performance of the function.