(This note is not part of the Regulations)
These Regulations make a number of amendments to the Local Government Superannuation Regulations 1986 (“the principal Regulations”).
Regulation 2 relates to admission agreements, which are agreements made between an administering authority under the local government superannuation scheme set up by the principal Regulations (“the scheme”) and another body to enable employees of that body to participate in the scheme.Regulation 2 stops bodies which are authorised by statute to undertake the provision of certain transport services or energy or water supplies, or which provide such services or supplies and are approved by the Secretary of State for the purpose of admission to the scheme, from entering into admission agreements on or after 1st January 1994.Bodies which undertake activities previously undertaken by bodies already in the scheme and could enter into admission agreements are also prevented from entering into any new agreements. The position of existing admission agreements is protected, although an agreement will cease to have effect if the agreement was made with a company under the control of a local authority or similar body and the company ceases to be under such control.
Regulations 3, 4 and 5 provide for a new category of pensionable employee who is employed by a company which is under the control of a local authority or similar body and who, immediately before starting his employment with the company, was employed by such an authority or similar body.These regulations are, by virtue of section 12 of the Superannuation Act 1972, made retrospective to 1st January 1993.
The appeal provisions of the principal Regulations are applied to rights and liabilities arising under these Regulations.