Regulation 5 Amendment of regulation 4

In regulation 4(2) (application of Parts 1 and 2 of the Act)—

(a)

for paragraph (ba) substitute—

“(ba)
section 113 (investment of funds);

(bb)
section 114 (investment principles);

(bc)
section 115 (borrowing);

(bd)
section 117 (administration levy);

(be)
section 119 (annual reports to Secretary of State);

(bf)
section 134 (directions);”; and

(b)

after paragraph (d)—

(i)

omit “and”; and

(ii)

insert—

“(da)
Schedule 5 (the Board of the Pension Protection Fund); and”.