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Effect of transfers between the Police Pension Account and the Police Operating Account

9.—(1) Where—

(a)a police authority’s audited accounts for the previous financial year show that the authority has transferred an amount into its Police Pension Account under regulation 8(1); or

(b)on the basis of information provided to the Scottish Ministers under regulation 10, they are of the opinion that a police authority is likely to make a transfer of an amount into its Police Pension Account in respect of any financial year under regulation 8(1),

the Scottish Ministers must take that amount into account when deciding on future funding for pensions for that authority and may pay to the authority a sum not exceeding that amount out of moneys provided by Parliament.

(2) Where—

(a)a police authority’s audited accounts show that the authority has transferred an amount into its Police Operating Account under regulation 8(2); or

(b)on the basis of information provided to the Scottish Ministers under regulation 10, they are of the opinion that a police authority is likely to make a transfer of an amount into its Police Operating Account in respect of any financial year under regulation 8(2),

the Scottish Ministers must take that amount into account when deciding on future funding for pensions for that authority and may require the authority to pay a sum not exceeding that amount into the Scottish Consolidated Fund.