Introductory Text
Preliminary
1.Citation and commencement
2.General definitions
3.Definition of “investment”
Management of pension fund
4.Management of pension fund
5.Power to borrow
6.Separate bank account
Investment managers
7.Definition of “investment manager”
8.Choice of investment managers
9.Terms of appointment of investment managers
10.Review of investment manager’s performance
Investment and use of pension fund money
11.Investment policy and investment of pension fund money
12.Statement of investment principles
13.Investments under section 11 of the Trustee Investments Act 1961
14.Restrictions on investments
15.Requirements for increased limits
16.Use of fund money by an administering authority
Supplementary
17.Consequential amendments and revocations
Signature
SCHEDULE 1
LIMITS ON INVESTMENTS
PART 1 Table
PART 2 Exceptions to limits in the table in Part 1
14.The limit in paragraph 4 of the table does not...
15.The limit in paragraph 6 of the table does not...
16.The limits in paragraphs 6, 9 and 11 of the...
PART 3 Interpretation
17.In this Schedule— “collective investment scheme” has the meaning given...
SCHEDULE 2
CONSEQUENTIAL AMENDMENTS
1.In the Local Government Pension Scheme (Administration) (Scotland) Regulations 2008—...
SCHEDULE 3
REVOCATIONS
Explanatory Note