Regulation 4H Scheme advisory board: fundingF1

The Firefighters’ Pension Scheme Advisory Board must prepare an annual budget for approval by the Secretary of State.

The expenses of the Firefighters’ Pension Scheme Advisory Board are to be defrayed by scheme managers in such proportions as are determined by the Board based on the approved budget and the number of members of this scheme and connected schemes for which each scheme manager is responsible.

A scheme manager must pay the amount it is required to pay under this regulation at such time or times as the Firefighters’ Pension Scheme Advisory Board may determine.