Timeline LGPS Investment Regulations 2016


2016 No. 946


The Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016

Made ---- 21st September 2016

Laid before Parliament ---- 23rd September 2016

Coming into force ---- 1st November 2016

The Secretary of State makes these Regulations in exercise of the powers conferred by sections 1(1) and 3(1) to (4) of, and Schedule 3 to, the Public Service Pensions Act 2013.

In accordance with section 21(1) of that Act, the Secretary of State has consulted such persons and the representatives of such persons as appeared to the Secretary of State to be likely to be affected by these Regulations.

In accordance with section 3(5) of that Act, these Regulations are made with the consent of the Treasury.

1. Citation, commencement and extent

2. Interpretation

3. Investment

4. Management of a pension fund

5. Restriction on power to borrow

6. Separate bank account

7. Investment strategy statement

8. Directions by the Secretary of State

9. Investment managers

10. Investments under section 11(1) of the Trustee Investments Act 1961

11. Consequential amendments

12. Revocations and transitional provision