Administering authorities: governance compliance statementE+W
This section has no associated Explanatory Memorandum
55.—(1) An administering authority must prepare a written statement setting out—
(a)whether the authority delegates its functions, or part of its functions under these Regulations to a committee, a sub-committee or an officer of the authority;
(b)if the authority does so—
(i)the terms, structure and operational procedures of the delegation,
(ii)the frequency of any committee or sub-committee meetings,
(iii)whether such a committee or sub-committee includes representatives of Scheme employers or members, and if so, whether those representatives have voting rights;
(c)the extent to which a delegation, or the absence of a delegation, complies with guidance given by the Secretary of State and, to the extent that it does not so comply, the reasons for not complying; and
(d)details of the terms, structure and operational procedures relating to the local pension board established under [regulation 106 (local pension boards: establishment)].
(2) An administering authority must keep a statement prepared under paragraph (1) under review, and make such revisions as are appropriate, following a material change to any of the matters mentioned in that paragraph.
(3) Before preparing or revising a statement under this regulation, an administering authority must consult such persons as it considers appropriate.
(4) An administering authority must publish its statement under this regulation, and any revised statement.