The Local Government Pension Reserve Fund (Scotland) Amendment Regulations 2010
S.S.I. 2010/34 · Made 9 February 2010
Local Government
Council Tax
Made 9th February 2010
Laid before the Scottish Parliament 10th February 2010
Coming into force 31st March 2010
The Scottish Ministers hereby make the following Regulations in exercise of the powers conferred by section 93(2)(d) of the Local Government (Scotland) Act 1973f1 and section 93(4) of the Local Government Finance Act 1992f2 and all other powers enabling them to do so.
Annotations to the whole text
Footnotes
- f1
-
1973 c.65. Section 93(2)(d) was inserted by section 41(1) of the Local Government in Scotland Act 2003 asp 1.
- f2
-
1992 c.14. Section 93(4) was amended by, and section 93(5) was inserted by, section 41(2) of the Local Government in Scotland Act 2003 asp 1. Section 93(6) was inserted by S.S.I. 2003/567.
Contents
- 1Citation and commencement
- 2Amendment of the Local Government Pension Reserve Fund (Scotland) Regulations 2003
- Signature
- Explanatory note
1Citation and commencement
These Regulations may be cited as the Local Government Pension Reserve Fund (Scotland) Amendment Regulations 2010 and come into force on 31st March 2010.
2Amendment of the Local Government Pension Reserve Fund (Scotland) Regulations 2003
Signature
JOHN SWINNEY
A member of the Scottish Executive
St Andrew’s House,
Edinburgh
9th February 2010
Explanatory note
(This note is not part of the Regulations)
These regulations amend the Local Government Pension Reserve Fund (Scotland) Regulations 2003 (S.S.I. 2003/580) (“the principal regulations”).
The principal regulations require each local authority to set up a fund to record pension scheme deficits and surpluses for which local authorities have responsibility. This fund is separate from the local authority’s general fund, and anything accounted for in this fund will not form part of the local authority’s general fund.
Regulation 2(2) adds two pension schemes to the list of schemes covered by the fund set up under the principal regulations. The relevant schemes have been introduced or amended since the principal regulations came into force and they are not covered by the general provision in the principal regulations at regulation 2(2)(e).