[F1Local pension boards: establishmentE+W
106.—(1) Each administering authority shall no later than 1st April 2015 establish a pension board (“a local pension board”) responsible for assisting it—
(a)to secure compliance with—
(i)these Regulations,
(ii)any other legislation relating to the governance and administration of the Scheme and any connected scheme, and
(iii)any requirements imposed by the Pensions Regulator in relation to the Scheme and any connected scheme; and
(b)to ensure the effective and efficient governance and administration of the Scheme and any connected scheme.
(2) Where the Scheme manager is a committee of a local authority the local pension board may be the same committee if approval in writing has been obtained from the Secretary of State.
(3) Where the administration and management of a Scheme is wholly or mainly shared by two or more administering authorities, those administering authorities may establish a joint local pension board if approval in writing has been obtained from the Secretary of State.
(4) Approval under paragraphs (2) or (3) may be given subject to such conditions as the Secretary of State thinks fit.
(5) The Secretary of State may withdraw an approval if any conditions under paragraph (4) are not met or if in the opinion of the Secretary of State it is no longer appropriate for the approval to continue.
(6) Subject to paragraph (7), an administering authority may determine the procedures applicable to a local pension board, including as to the establishment of sub-committees, formation of joint committees and payment of expenses.
(7) Except where a local pension board is a committee approved under paragraph (2), no member of a local pension board shall have a right to vote on any question unless that member is an employer representative or a member representative.
(8) A local pension board shall have the power to do anything which is calculated to facilitate, or is conducive or incidental to, the discharge of any of its functions.
(9) The expenses of a local pension board are to be regarded as part of the costs of administration of the fund held by the administering authority.]
Textual Amendments
F1Pt. 3 inserted (20.2.2015 for specified purposes, 1.4.2015 in so far as not already in force) by The Local Government Pension Scheme (Amendment) (Governance) Regulations 2015 (S.I. 2015/57), reg. 1(3)(a)(b), 9