The Local Government Pension Scheme (Management and Investment of Funds) (Scotland) Regulations 1998

Investments under s.11 of the Trustee Investments Act 1961

10.—(1) An administering authority may invest in any investment made in accordance with a section 11 scheme without any restriction as to quantity.

(2) A “section 11 scheme” is a scheme under section 11 of the Trustee Investments Act 1961(1) (local authority investment schemes).