PART 2Administration
Administering authorities
Administering authorities: governance compliance statement55
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 53(4) (Scheme managers).
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.