PART 2Governance

Establishment of pension board8

1

A pension board (“the Scottish Teachers’ Pension Scheme Pension Board”) is established.

2

The Scottish Teachers’ Pension Scheme Pension Board is responsible for assisting the scheme manager in relation to securing compliance with—

a

these Regulations;

b

any other legislation relating to the governance and administration of this scheme and any connected scheme; and

c

requirements imposed by the Pensions Regulator in relation to this scheme and any connected scheme.

3

The scheme manager is to determine the process by which the Scottish Teachers’ Pension Scheme Pension Board discharges its functions.