The Chilterns Area of Outstanding Natural Beauty (Establishment of Conservation Board) (Amendment) Order 2009
The Secretary of State has, in accordance with section 86(8)(a) of that Act, consulted the Conservation Board for the Chilterns Area of Outstanding Natural Beauty.
In accordance with section 88(2) of that Act, a draft of this instrument has been laid before Parliament and approved by a resolution of each House of Parliament.
Citation and commencement1.
This Order—
(a)
may be cited as the Chilterns Area of Outstanding Natural Beauty (Establishment of Conservation Board) (Amendment) Order 2009, and
(b)
comes into force on the day after the day on which it is made.
Amendment2.
“Retirement Benefits23A.
Regulation 30 (retirement benefits) of the Local Authorities (Capital Finance and Accounting) (England) Regulations 20034 shall apply in relation to the Board as if the Board were a local authority for the purposes of that regulation.”.
This Order amends the Chilterns Area of Outstanding Natural Beauty (Establishment of Conservation Board) Order 2004 (S.I. 2004/1778) so as to apply regulation 30 (retirement benefits) of the Local Authorities (Capital Finance and Accounting) (England) Regulations 2003 (S.I. 2003/3146) to the Board. This will allow the Board, when compiling its annual statement of accounts, to reverse the effect of Financial Reporting Standard 17 (retirement benefits) issued by the Accounting Standards Board (November 2000) in respect of pension fund adjustments, as local authorities may, by virtue of that regulation. Financial Reporting Standard 17 requires the Board’s pension fund to provide for the possibility of all members of it staff being made redundant at the same time and all taking their pension entitlement at that time, and the making of a corresponding entry in the Board’s revenue account. By virtue of this Order, the Board must charge to its revenue account an amount equal to the retirement benefits payments and contributions to pension funds which are payable for the financial year in question in accordance with the Local Government Pension Scheme Regulations 1997 (S.I. 1997/1612).
An impact assessment has been prepared for this Order and can be obtained from the Department for Environment, Food and Rural Affairs website.