http://www.legislation.gov.uk/uksi/1998/1831/regulation/12/made
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
Occupational pensions
Pensions
Business practice and regulation
Investment
Banking
King's Printer of Acts of Parliament
2016-06-08
PENSIONS
These Regulations replace regulations L4 to L8 of the Local Government Pension Scheme Regulations 1995 (S.I. 1995/1019) which are now revoked.The only changes of substance are—the inclusion, as investments, of insurance contracts with persons for whom making an insurance contract is business within class III in Schedule 1 to the Insurance Companies Act 1982 (linked long term business);the inclusion of sub-underwriting as an investment with a limit on such investment in any single sub-underwriting contract of one per cent of the total value of the fund; andthe inclusion in the limit of 25 per cent of the total value of the fund of investments in open-ended investment company schemes.
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
reg. 2(1)
The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001
art. 574(a)
art. 1
Local Govt Pension Scheme (Management and Investment of Funds) Regs
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
reg. 2(1)
The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001
art. 574(b)
art. 1
Local Govt Pension Scheme (Management and Investment of Funds) Regs
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
reg. 2(1)
The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001
art. 574(c)
art. 1
Local Govt Pension Scheme (Management and Investment of Funds) Regs
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
reg. 2(1)
The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001
art. 574(d)
art. 1
Local Govt Pension Scheme (Management and Investment of Funds) Regs
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
reg. 2(2)
The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001
art. 574(e)
art. 1
Local Govt Pension Scheme (Management and Investment of Funds) Regs
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
reg. 3(5)
(6)
(6A)
The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001
art. 575(2)
art. 1
Local Govt Pension Scheme (Management and Investment of Funds) Regs
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
Sch.
Pt. 3
The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001
art. 578
art. 1
Local Govt Pension Scheme (Management and Investment of Funds) Regs
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
reg.9A
The Local Government Pension Scheme (Management and Investment of Funds) (Amendment) Regulations 1999
reg.5
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
Sch.1. Pt.III defn(s).
The Local Government Pension Scheme (Management and Investment of Funds) (Amendment) Regulations 1999
reg.6(2)
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
reg 11A
The Local Government Pension Scheme (Management and Investment of Funds) (Amendment) Regulations 2003
regs 2
3(2)
Local Govt Pension Scheme (Management and Investment of Funds) Regs
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
reg 11A
The Local Government Pension Scheme and Management and Investment of Funds (Amendment) Regulations 2005
regs 8–10
Local Govt Pension Scheme (Management and Investment of Funds) Regs
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
Regulations
The Local Government Pension Scheme (Management and Investment of Funds) Regulations 2009
Sch. 2
reg. 1(1)
Local Govt Pension Scheme (Management and Investment of Funds) Regs
The Local Government Pension Scheme(Management and Investment of Funds) Regulations 1998
reg 9A
The Local Government Pensions Scheme (Management and Investment of Funds) (Amendment) Regulations 2002
regs 2
3
Local Govt Pension Scheme (Management and Investment of Funds) Regs
Investments
Use of fund money by an administering authority12
1
An administering authority must pay interest on the total from day to day of any fund money used by them and not repaid.
2
That interest may not be paid at a rate lower than the lowest rate at which they could have obtained a commercial loan of that amount at 7 days' notice (otherwise than by bank overdraft).