The Local Government Pension Scheme (Scotland) Amendment Regulations 2015

Amendment of Schedule 4

This section has no associated Policy Notes

46.  Part 1 of Schedule 4 is amended as follows—

(a)omit paragraph 2;

(b)before paragraph 3 insert—

2A.  This paragraph applies where an employing authority—

(a)has members in respect of whom but for this paragraph, it would be required to contribute to more than one fund;

(b)merges or amalgamates with another employing authority and in respect of which there is specified a different fund for the respective members of each employing authority; or

(c)moves its main place of business to a different geographical area.

2B.  Where paragraph 2A applies, the Scottish Ministers may upon application by the employing authority, by direction substitute another fund (“the substituted fund”).;

(c)in paragraph 3 for “2” substitute “2B”;

(d)for the words in paragraph 5 substitute “The direction may also contain provision as to the transfer of liabilities to the substituted fund, may require a revised rates and adjustment certificate in respect of each employing authority concerned, to take account of the effect of the direction, and may make provision for any other consequential or incidental matters.”; and

(e)in respect of item 2 in the first column of the table in paragraph 6 for Part II” substitute “Part 2”.