Amendment of the Local Government (Management and Investment of Funds) Regulations 199813
In regulation 5 (management of pension fund)—
a
in paragraph (2), for the words from the beginning to the end of sub-paragraph (b), substitute—
They must pay or credit to their pension fund, in addition to any other sum the Benefits Regulations, the Transitional Regulations or the Administration Regulations specify must be paid or credited to the fund—
a
the amounts payable by them or paid to them for the credit of the fund by any other authority under regulations 39 to 41 of the Administration Regulations,
b
all members’ contributions including those made by virtue of the Transitional Regulations, except contributions payable under regulation 25 of the Administration Regulations (additional voluntary contributions and shared cost additional voluntary contributions),
b
for paragraph (2)(e), substitute—
e
all additional payments received by the authority under the Benefits Regulations, the Transitional Regulations or the Administration Regulations.
c
in paragraph (3), for “Schedule 5 to the 1997 Regulations” substitute “Schedule 4 to the Administration Regulations.”;
d
in paragraph (4), for “regulation 82(1) of the 1997 Regulations” substitute “regulation 44(1) of the Administration Regulations”; and
e
omit paragraph (5).