Clause 17 - External funds
Local Government Bill
2:30 pm
Mr Geoffrey Clifton-Brown (Cotswold, Conservative)
My hon. Friend has opened up a Pandora's box. We are getting into the fiduciary role of a trustee. I wonder why or where it would occur that a local authority would be a trustee of anything, let alone that the superannuation fund would enter into a trust deed with another party. Perhaps the Minister could clarify that point and then we might return to it.