OpenLegislation

Regulation 69 Application and investment of SCAVCsI1

England, Wales and Scotland Not yet in force

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

(1)

Where the arrangements established by an employing authority provide for any of the SCAVCs to be used to provide death benefits, the appropriate administering authority must make such arrangements for the provision of those benefits as are specified in regulation 62(1).

(2)

The administering authority must invest any SCAVCs which are not to be used to provide death benefits with an approved AVC body.

(3)

Regulations 62(2) to (5) and 63(2) to (6) apply as respects SCAVCs as they apply as respects AVCs.

Annotations

Commencement

I1

Reg. 69 in force at 1.4.1998, see reg. 1