{
  "url": "https://openlegislation.uk/local-government-superannuation-regulations-1986/regulation-P5",
  "json_url": "https://openlegislation.uk/local-government-superannuation-regulations-1986/regulation-P5.json",
  "legislation": "uksi/1986/24",
  "legislation_title": "The Local Government Superannuation Regulations 1986",
  "legislation_url": "https://openlegislation.uk/local-government-superannuation-regulations-1986",
  "path": "regulation/P5",
  "kind": "regulation",
  "number": "P5",
  "heading": "Periodical valuation of superannuation fund",
  "text": "(1) Every administering authority shall obtain an actuarial valuation of the assets and liabilities of their superannuation fund as at 31st March in the year 1989 and in every fifth year thereafter, together with a report by the actuary, and shall for that purpose provide the actuary with the consolidated revenue account of the fund and such other information as he may require.\n(2) Unless the Secretary of State allows an extended period, the valuation and report are to be obtained within 21 months from the date as at which the valuation is made.\n(3) Forthwith upon receiving any such valuation and report an adminstering authority shall—\n(a) send copies of them to the Secretary of State and to each body whose employees contribute to the fund,\n(b) send the Secretary of State a copy of the consolidated revenue account with which the actuary was provided, and\n(c) unless the report contains a summary of the assets of the fund at the date as at which the valuation was made, send the Secretary of State such a summary.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. P5 in force at 1.3.1986, see reg. A1"
    }
  ],
  "outstanding_effects": [
    {
      "type": "amended",
      "affecting": "uksi/1989/371",
      "affecting_title": "The Local Government Superannuation (Amendment) Regulations 1989"
    },
    {
      "type": "inserted",
      "affecting": "uksi/1989/371",
      "affecting_title": "The Local Government Superannuation (Amendment) Regulations 1989"
    },
    {
      "type": "replaced",
      "affecting": "uksi/1989/371",
      "affecting_title": "The Local Government Superannuation (Amendment) Regulations 1989"
    },
    {
      "type": "replaced",
      "affecting": "uksi/1987/293",
      "affecting_title": "The Local Government Superannuation (Miscellaneous Provisions) Regulations 1987"
    },
    {
      "type": "modified",
      "affecting": "uksi/1987/293",
      "affecting_title": "The Local Government Superannuation (Miscellaneous Provisions) Regulations 1987"
    },
    {
      "type": "amended",
      "affecting": "uksi/1987/293",
      "affecting_title": "The Local Government Superannuation (Miscellaneous Provisions) Regulations 1987"
    },
    {
      "type": "amended",
      "affecting": "uksi/1988/466",
      "affecting_title": "The Local Government (Superannuation and Compensation) (Amendment) Regulations 1988"
    },
    {
      "type": "applied",
      "affecting": "uksi/1989/1462",
      "affecting_title": "The Local Government Superannuation (Water) Regulations 1989"
    },
    {
      "type": "amended",
      "affecting": "uksi/1989/1462",
      "affecting_title": "The Local Government Superannuation (Water) Regulations 1989"
    },
    {
      "type": "excluded",
      "affecting": "uksi/1989/1462",
      "affecting_title": "The Local Government Superannuation (Water) Regulations 1989"
    },
    {
      "type": "amended",
      "affecting": "uksi/1990/1709",
      "affecting_title": "The Local Government Superannuation (Amendment)Regulations 1990"
    },
    {
      "type": "amended",
      "affecting": "uksi/1990/503",
      "affecting_title": "The Local Government Superannuation (Funds etc.) Regulations 1990"
    },
    {
      "type": "replaced",
      "affecting": "uksi/1990/503",
      "affecting_title": "The Local Government Superannuation (Funds etc.) Regulations 1990"
    },
    {
      "type": "excluded",
      "affecting": "uksi/1991/1203",
      "affecting_title": "The Local Government Superannuation (Reserve Forces) Regulations 1991"
    },
    {
      "type": "inserted",
      "affecting": "uksi/1991/1203",
      "affecting_title": "The Local Government Superannuation (Reserve Forces) Regulations 1991"
    },
    {
      "type": "amended",
      "affecting": "uksi/1989/372",
      "affecting_title": "The Local Government (Superannuation and Compensation) (Amendment) Regulations 1989"
    },
    {
      "type": "modified",
      "affecting": "uksi/1989/1161",
      "affecting_title": "The Water Reorganisation (Pensions etc.) Regulations 1989"
    },
    {
      "type": "modified",
      "affecting": "uksi/1989/1161",
      "affecting_title": "The Water Reorganisation (Pensions etc.) Regulations 1989"
    },
    {
      "type": "amended",
      "affecting": "uksi/1987/1579",
      "affecting_title": "The Local Government Reorganisation (Pensions etc.) (Greater Manchester and Merseyside) Order 1987"
    },
    {
      "type": "amended",
      "affecting": "uksi/1990/2480",
      "affecting_title": "The Local Government Superannuation (Investments) Regulations 1990"
    },
    {
      "type": "amended",
      "affecting": "uksi/1990/1285",
      "affecting_title": "The Local Government Finance (Miscellaneous Amendments and Repeal) Order 1990"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1986/24/regulation/P5",
    "retrieved_at": "2026-10-29T16:56:29.789903+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}