The Local Government Pension Scheme (Management and Investment of Funds) (Scotland) Regulations 2010

1. Introductory Text

2. Preliminary

   1. 1. Citation and commencement

   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 pension fund money

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

   2. 12. Statement of investment principles

   3. 13. Investments under section 11 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. Consequential amendments and revocations

7. Signature

8. 1. SCHEDULE 1

      LIMITS ON INVESTMENTS

      1. PART 1 Table

      2. PART 2 Exceptions to limits in the table in Part 1

         1. 14. The limit in paragraph 4 of the table does not...

         2. 15. The limit in paragraph 6 of the table does not...

         3. 16. The limits in paragraphs 6, 9 and 11 of the...

      3. PART 3 Interpretation

         1. 17. In this Schedule— “collective investment scheme” has the meaning given...

   2. SCHEDULE 2

      CONSEQUENTIAL AMENDMENTS

      1. 1. In the Local Government Pension Scheme (Administration) (Scotland) Regulations 2008—...

   3. SCHEDULE 3

      REVOCATIONS

9. Explanatory Note