OpenLegislation

Regulation 4 AdministrationI1

United Kingdom

(1)

The Lord Chancellor is the scheme manager for the AVC scheme and any statutory pension scheme that is connected with it.

(2)

The AVC scheme is to be administered in accordance with these Regulations.

(3)

The scheme manager is responsible for managing and administering the AVC scheme and any statutory pension scheme that is connected with it.

(4)

Before exercising any discretion under these Regulations, the scheme manager must obtain a recommendation from the Judicial Pension Board.

(5)

If the scheme manager exercises any discretion under these Regulations contrary to a recommendation made by the Judicial Pension Board, the scheme manager must provide written reasons for doing so to the Judicial Pension Board and to the AVC member to whom the discretion relates.

(6)

The scheme manager and the Judicial Pension Board may agree that paragraphs (4) and (5) do not apply to specific discretions or in specific circumstances.

(7)

The scheme manager may delegate any functions under these Regulations.

Annotations

Commencement

I1

Reg. 4 in force at 1.4.2017 in accordance with, see reg. 1