# The Local Government Superannuation (Amendment) Regulations 1989, Regulation 17: Management of superannuation fund


In regulation P2 (which shall become regulation P2(1)) of the principal Regulations, at the end there shall be added–
“(2) An administering authority may pay out of moneys forming part of their superannuation fund any costs, charges and expenses incurred by them in administering the fund.
(3) For the purpose of paragraph (2) above“costs, charges and expenses incurred by them in administering the fund” includes costs, charges and expenses incurred by the administering authority in connection with a scheme to which contributions are payable under regulation C9A, and excludes costs, charges and expenses incurred in connection with a retirement benefits scheme approved by the Commissioners of Inland Revenue under section 591(1) and (2)(h) of the Income and Corporation Taxes Act 1988.”.

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Source: https://www.legislation.gov.uk/uksi/1989/371/regulation/17 (the official version)
Page: https://openlegislation.uk/local-government-superannuation-amendment-regulations-1989/regulation-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.