http://www.legislation.gov.uk/uksi/1998/2888/schedule/1/part/I/crossheading/10-limit/madeThe Local Government Pension Scheme (Management and Investment of Funds) (Scotland) Regulations 1998Occupational pensionsPensionsBusiness practice and regulationInvestmentBankingKing's Printer of Acts of Parliament2015-04-13PENSIONS These Regulations replace regulations P5, P6, P12(4) and P15(3) of the Local Government Superannuation (Scotland) Regulations 1987 (S.I. 1987/1850) which are now revoked. SCHEDULE 1 LIMITS ON INVESTMENTS PART I 10% limit 4 All deposits with a person specified in paragraph 12 or 13 of Schedule 2 to the Banking Act 1987 and all loans (but see paragraph 12). 5 All investments in unlisted securities of companies. 6 Any single holding (but see paragraphs 13 and 14). 7 All deposits with any single bank, institution or person (other than the National Savings Bank).
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<dc:title>The Local Government Pension Scheme (Management and Investment of Funds) (Scotland) Regulations 1998</dc:title>
<dc:subject>Occupational pensions</dc:subject>
<dc:subject>Pensions</dc:subject>
<dc:subject>Business practice and regulation</dc:subject>
<dc:subject>Investment</dc:subject>
<dc:subject>Banking</dc:subject>
<dc:publisher>King's Printer of Acts of Parliament</dc:publisher>
<dc:modified>2015-04-13</dc:modified>
<dc:subject scheme="SIheading">PENSIONS</dc:subject>
<dc:description>These Regulations replace regulations P5, P6, P12(4) and P15(3) of the Local Government Superannuation (Scotland) Regulations 1987 (S.I. 1987/1850) which are now revoked.</dc:description>
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<ukm:Statistics>
<ukm:TotalParagraphs Value="29"/>
<ukm:BodyParagraphs Value="13"/>
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<Secondary>
<Schedules>
<Schedule DocumentURI="http://www.legislation.gov.uk/uksi/1998/2888/schedule/1/made" IdURI="http://www.legislation.gov.uk/id/uksi/1998/2888/schedule/1" NumberOfProvisions="15" NumberFormat="default" id="schedule-1">
<Number>SCHEDULE 1</Number>
<TitleBlock>
<Title>LIMITS ON INVESTMENTS</Title>
</TitleBlock>
<ScheduleBody>
<Part DocumentURI="http://www.legislation.gov.uk/uksi/1998/2888/schedule/1/part/I/made" IdURI="http://www.legislation.gov.uk/id/uksi/1998/2888/schedule/1/part/I" NumberOfProvisions="11" id="schedule-1-part-I">
<Number>PART I</Number>
<Pblock DocumentURI="http://www.legislation.gov.uk/uksi/1998/2888/schedule/1/part/I/crossheading/10-limit/made" IdURI="http://www.legislation.gov.uk/id/uksi/1998/2888/schedule/1/part/I/crossheading/10-limit" NumberOfProvisions="4" id="schedule-1-part-I-crossheading-10-limit">
<Title>10% limit</Title>
<P1 DocumentURI="http://www.legislation.gov.uk/uksi/1998/2888/schedule/1/paragraph/4/made" IdURI="http://www.legislation.gov.uk/id/uksi/1998/2888/schedule/1/paragraph/4" id="schedule-1-paragraph-4">
<Pnumber>4</Pnumber>
<P1para>
<Text>All deposits with a person specified in paragraph 12 or 13 of Schedule 2 to the Banking Act 1987 and all loans (but see paragraph 12).</Text>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/uksi/1998/2888/schedule/1/paragraph/5/made" IdURI="http://www.legislation.gov.uk/id/uksi/1998/2888/schedule/1/paragraph/5" id="schedule-1-paragraph-5">
<Pnumber>5</Pnumber>
<P1para>
<Text>All investments in unlisted securities of companies.</Text>
</P1para>
</P1>
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<Pnumber>6</Pnumber>
<P1para>
<Text>Any single holding (but see paragraphs 13 and 14).</Text>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/uksi/1998/2888/schedule/1/paragraph/7/made" IdURI="http://www.legislation.gov.uk/id/uksi/1998/2888/schedule/1/paragraph/7" id="schedule-1-paragraph-7">
<Pnumber>7</Pnumber>
<P1para>
<Text>All deposits with any single bank, institution or person (other than the National Savings Bank).</Text>
</P1para>
</P1>
</Pblock>
</Part>
</ScheduleBody>
</Schedule>
</Schedules>
</Secondary>
</Legislation>