Regulation 8 Conflict of interest: pensions boardI1C1

The scheme manager must be satisfied that any person to be appointed as a member of the pensions board does not have a conflict of interest.

The scheme manager must be satisfied from time to time that none of the members of the pensions board has a conflict of interest.

If the scheme manager determines that a member of the pensions board has a conflict of interest, the scheme manager must terminate the appointment of the member.

A member of the pensions board or a person proposed to be appointed as such a member must provide the scheme manager with such information as the scheme manager reasonably requires for the purposes of paragraph (1) or (2).