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Pensions Bill

I invite the Minister to read Schedule 1. It states: "““The Secretary of State and the corporation must also satisfy themselves””." It is one thing for the Secretary of State to be reactively waiting for somebody else to tell him that an issue has arisen—I think that is what the Minister said—or that the trustee corporation chooses to make a communication with the Secretary of State. This is quite prescriptive; it says that the Secretary of State ““must”” satisfy himself, "““from time to time that none of the members has a conflict of interest””." I am trying to find out whether this is a practical proposition in the Bill or just a misguided bit of writing, putting the Secretary of State into every nook and cranny of the corporation.