Regulation 4 The Local Government Pension Scheme (Management and Investment of Funds) Regulations 1998

In regulation 5(6) of the Local Government Pension Scheme (Management and Investment of Funds) Regulations 1998^f1 for “(except those incurred in connection with a FSAVC scheme) may be paid from it” substitute—

• “may be paid from it except—

  1. (a)

     those incurred in connection with an FSAVC scheme, and

  2. (b)

     those costs and charges prescribed by regulations made under sections 23, 24 or 41 of the Welfare Reform and Pensions Act 1999^f2 which the adminstering authority is enabled to recover by or under any such regulations”.