Paragraph 8

England and Wales

Where, for any reason, it is not desirable for an admission body to enter into an indemnity or bond, the admission agreement must provide that the admission body secures a guarantee in a form satisfactory to the administering authority from—

(a)

a person who funds the admission body in whole or in part;

(b)

in the case of an admission body falling within the description in paragraph 1(d), the Scheme employer referred to in that paragraph;

(c)

a person who—

(i)

owns, or

(ii)

controls the exercise of the functions of,

the admission body; or

(d)

the Secretary of State in the case of an admission body—

(i)

which is established by or under any enactment, and

(ii)

where that enactment enables the Secretary of State to make financial provision for that admission bodyF1; or

(iii)

which is a provider of probation services under section 3 of the Offender Management Act 2007 (power to make arrangements for the provision of probation services) or a person with whom such a provider has made arrangements under subsection (3)(c) of that section.

Annotations

Textual amendments

F1: Sch. 2 Pt. 3 para. 8(d)(iii) and word inserted (1.6.2014) by The Local Government Pension Scheme (Offender Management) (Amendment) Regulations 2014 (S.I. 2014/1146), regs. 1(2), 9