Consequential amendmentsI111

1

The 2013 Regulations are amended as follows.

2

For regulation 57(1)(i) (pension fund annual report) substitute—

i

the current version of the investment strategy under regulation 7 (investment strategy statement) of the Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016;

3

For regulation 58(4)(b) (funding strategy statement) substitute—

b

the current version of the investment strategy under regulation 7 (investment strategy statement) of the Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016.

4

For regulation 69(2)(b) (payment by Scheme employers to administering authorities) substitute—

b

paragraph (1)(c) does not apply where the cost of the administration of the fund is paid out of the fund under regulation 4(5) (management of a pension fund) of the Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016.