OpenLegislation

Regulation 21 Amendment of Local Government Pension Scheme (Management and Investment of Funds) (Scotland) Regulations 1998

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In Schedule 1 (limits on investments), in Part I, row 11 (all securities transferred (or agreed to be transferred) by the authority under stock lending arrangements)–

(a)

in column (1) of the table (limits under regulation 11(2)) for “25%”, substitute “35%”; and

(b)

in column (2) of the table (increased limits under regulation 11(2A)), insert “35%”.