Introductory Text
Preliminary
1.Citation, commencement and application
2.General definitions
3.Definition of “investment”
Management of pension fund
4.Management of pension fund
5.Power to borrow
6.Separate bank account
Investment managers
7.Definition of “investment manager”
8.Choice of investment managers
9.Terms of appointment of investment managers
10.Review of investment manager’s performance
Investment and use of fund money
11.Investment policy and investment of pension fund money
12.Statement of investment principles
13.Investments under section 11(1) of the Trustee Investments Act 1961
14.Restrictions on investments
15.Requirements for increased limits
16.Use of fund money by an administering authority
Supplementary
17.Revocations
Signature
SCHEDULE 1
TABLE OF LIMITS ON INVESTMENTS
SCHEDULE 2
REVOCATIONS
Explanatory Note