Cabinet minister drives payroll reforms (4,5,4)

I believe the answer is:

lord privy seal

'cabinet minister' is the definition.
(Lord Privy Seal is an example)

'drives payroll reforms' is the wordplay.
'reforms' indicates an anagram.
'drives'+'payroll'='drivespayroll'
'drivespayroll' anagrammed gives 'LORD PRIVY SEAL'.

(Other definitions for lord privy seal that I've seen before include "Top cabinet minister" , "minister's office" , "Cabinet member" , "Senior cabinet minister" , "high official" .)

I've seen this clue in The Times.

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