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Regulation 18 Use and investment of superannuation fund’s moneys

Original text. Later amendments are not shown.

Regulation P3 of the principal Regulations is amended–

(a)

by substituting for the words“P2(c)” in paragraph (2) the words“P2(1)(c)”;

(b)

by substituting for paragraph (4)(b)(iii) the following:

“(iii)

a deposit with the Bank of England, an instutition authorised under Part I of the Banking Act 1987f1 or a person for the time being specified in Schedule 2 to that Act,”;

(c)

in paragraph (4)(d), by substituting for the words“paragraph 13 or 14 of Schedule 1 to the Banking Act 1979” the words“paragraph 12 or 13 of Schedule 2 to the Banking Act 1987”; and

(d)

by substituting for paragraph (5)(b) the following:

“(b)

deposited with the Bank of England, an institution authorised under Part I of the Banking Act 1987 or a person for the time being specified in paragraphs 1 to 11 of Schedule 2 to that Act.”.

Annotations

Footnotes

f1

1987 c. 22.