PART 2Amendment of the FAS Regulations
Amendment of regulation 45
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);
b
after paragraph (d)—
i
omit “and”; and
ii
insert—
da
Schedule 5 (the Board of the Pension Protection Fund); and