Regulation 4C Local pension boards: conflict of interestF1

Each scheme manager must be satisfied that any person to be appointed as a member of a local pension board does not have a conflict of interest.

A scheme manager must be satisfied from time to time that none of the members of a local pension board has a conflict of interest.

A person who is to be appointed as a member of a local pension board by a scheme manager must provide that scheme manger with such information as the scheme manger reasonably requires for the purposes of paragraph (1).

A person who is a member of a local pension board must provide the scheme manager which made the appointment with such information as that scheme manager reasonably requires for the purposes of paragraph (2).