Constitutional Reform and Governance Act 2010

Administration scheme

8 (1) The IPSA may make a scheme containing provision about—

(a) the administration of the Fund,

(b) the management of the Fund’s assets,

(c) the indemnification of the trustees (and former trustees) of the Fund,

(d) the proceedings of the trustees of the Fund, and

(e) the application of the Fund’s assets in connection with the matters in paragraphs (a) to (d).

(2) A scheme under this paragraph may in particular—

(a) include any or all of the provisions specified in paragraphs 31 to 33,

(b) make different provision in relation to different cases, circumstances or persons,

(c) make such incidental, consequential and transitional provision (other than provision modifying an enactment or subordinate legislation) as the IPSA considers appropriate.

(3) In sub-paragraph (2)(c) the reference to subordinate legislation does not include a scheme under this paragraph.

(4) No provision of a scheme under this paragraph is to be construed as restricting the powers of the trustees under paragraph 7(1).