The Local Government Superannuation (Scotland) Regulations 1987 No. 1850 (S. 128)

Regulation A3

SCHEDULE 2 MODIFICATIONS TO THE REGULATIONS IN THEIR APPLICATION TO EMPLOYEES OF THE SCOTTISH SPECIAL HOUSING ASSOCIATION

1.  Regulation C12(5) shall have effect as if it provided that any direction required by that regulation shall not have effect unless it has been approved by the Secretary of State.

2.  For the purposes of Part D “service” rendered to the Association before 16th May 1945 shall not be construed as qualifying or reckonable service.

3.  Regulation P6 shall have effect as if paragraph (2)(b) of that regulation were deleted.

4.  Arrangements for actuarial valuations of, and reports on, the assets and liabilities of the fund administered by the Association and arrangements for making good any deficiency or for disposal of a disposable surplus disclosed by a valuation and report shall be made by the Secretary of State.

5.  Where the General Manager of the Association elects by notice in writing given to the Association, a percentage, not exceeding 4.4%, of his remuneration shall be treated as not being remuneration for the purposes of these Regulations.