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SCHEDULE 1Pension Board

Conflicts of interest

5.—(1) The scheme manager must, from time to time, be satisfied that none of the members of the Board has a conflict of interest.

(2) For the purpose of enabling the scheme manager to be satisfied that a person referred to in sub-paragraph (3) does not have a conflict of interest, that person must provide the scheme manager with such information as the scheme manager reasonably requires.

(3) Those persons are—

(a)a member of the Board;

(b)a person proposed to be appointed by the scheme manager as a member of the Board.