PART 2Governance

Establishment of pension board8.

(1)

A pension board (“the Northern Ireland Teachers' Pension Scheme Pension Board”) is established.

(2)

The Northern Ireland Teachers' Pension Scheme Pension Board is responsible for assisting the Department in relation to securing compliance with—

(a)

these Regulations;

(b)

any other legislation relating to the governance and administration of this scheme and any connected scheme; and

(c)

requirements imposed by the Pensions Regulator in relation to this scheme and any connected scheme.

(3)

The Department is to determine the process by which the Northern Ireland Teachers' Pension Scheme Pension Board discharges its functions.