PART 2 Amendment of the FAS Regulations

5 Amendment of regulation 4
In regulation 4(2) (application of Parts 1 and 2 of the Act)—
(a) for paragraph (ba) substitute—

“(ba) section 113 (investment of funds);
(bb) section 114 (investment principles);
(bc) section 115 (borrowing);
(bd) section 117 (administration levy);
(be) section 119 (annual reports to Secretary of State);
(bf) section 134 (directions);”

; and
(b) after paragraph (d)—
(i) omit “and”; and
(ii) insert—

“(da) Schedule 5 (the Board of the Pension Protection Fund); and”

.