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The Local Government Pension Scheme Regulations 1995

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Modifications of Part L as respects National Rivers Authority funds

Modifications of Part L as respects National Rivers Authority funds

L21.—(1) In its application to the new main fund (within the meaning of the Local Government Superannuation (National Rivers Authority) Regulations 1993) this Part shall have effect with the following modifications.

(2) Omit regulations L3, L9, L10(3)(a)(ii) and L12 to L15.

(3) For regulation L11 substitute—

“L11.—(1) The National Rivers Authority shall as soon as is reasonably practicable after obtaining a valuation under regulation L10 obtain from the same actuary a certificate specifying the amount by which in his opinion the assets of the fund exceed or, as the case may be, fall short of, the amount required to meet its existing and prospective liabilities.

(2) Immediately the National Rivers Authority receive such a certificate they shall send a copy of it to the Secretary of State.”.

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