The Local Government Pension Scheme (Management and Investment of Funds) Regulations 2009

1. Introductory Text

2. Preliminary

   1. 1. Citation, commencement and application

   2. 2. General definitions

   3. 3. Definition of “investment”

3. Management of pension fund

   1. 4. Management of pension fund

   2. 5. Power to borrow

   3. 6. Separate bank account

4. Investment managers

   1. 7. Definition of “investment manager”

   2. 8. Choice of investment managers

   3. 9. Terms of appointment of investment managers

   4. 10. Review of investment manager’s performance

5. Investment and use of fund money

   1. 11. Investment policy and investment of pension fund money

   2. 12. Statement of investment principles

   3. 13. Investments under section 11(1) of the Trustee Investments Act 1961

   4. 14. Restrictions on investments

   5. 15. Requirements for increased limits

   6. 16. Use of fund money by an administering authority

6. Supplementary

   1. 17. Revocations

7. Signature

8. 1. SCHEDULE 1

      TABLE OF LIMITS ON INVESTMENTS

   2. SCHEDULE 2

      REVOCATIONS

9. Explanatory Note