Clause 58
Pensions Bill
12:15 pm
Nigel Waterson (Shadow Minister, Work & Pensions; Eastbourne, Conservative)
I need to check that I am following the Minister’s remarks correctly. Is he saying that, under certain circumstances, subsection (5) could overrule subsection (4) so that in some cases when the trustee corporation is exercising certain powers under the scheme as set out in clause 50, it might not need the consent of the Secretary of State, or are we into an entirely circular situation?