PART 4General financial provisions
Powers of the Board
I149Interest rate
1
The Board may alter a rate of interest which is for the time being specified in a provision made by or under this Measure.
2
The power to make an alteration under subsection (1) includes power to decide the date on which the alteration takes effect; and that date may be before the date of the decision.
3
The Board may not make an alteration under subsection (1) unless—
a
it has obtained the advice of an actuary, and
b
the General Synod has by resolution approved the alteration.