{
  "url": "https://openlegislation.uk/local-government-superannuation-regulations-1986/schedule-19/paragraph-11",
  "json_url": "https://openlegislation.uk/local-government-superannuation-regulations-1986/schedule-19/paragraph-11.json",
  "legislation": "uksi/1986/24",
  "legislation_title": "The Local Government Superannuation Regulations 1986",
  "legislation_url": "https://openlegislation.uk/local-government-superannuation-regulations-1986",
  "path": "schedule/19/paragraph/11",
  "kind": "paragraph",
  "number": "11",
  "heading": null,
  "text": "The value of the share of the fund to which the new fund authority are entitled shall be calculated in accordance with the formula:\nV=W×[X-(Y+Z)] , where—\nV is the value of the share of the fund to which the new fund authority are entitled,\nW is the apportionment fraction specified in the actuary's report,\nX is the value (determined by the fund's actuary) at the apportionment date of the transferable assets which still belong to the fund at that date and any other assets which belong to the fund at that date which represent in any form or have accrued from any transferable asset,\nY is the total of any sums due from the fund at the relevant date and still outstanding at the apportionment date, and\nZ is the total of any sums due from the fund at the apportionment date (but not at the relevant date) in respect of any expenditure in connection with the transferable assets of the fund or assets representing or accruing from those assets.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 19 para. 11 in force at 1.3.1986, see reg. A1"
    }
  ],
  "outstanding_effects": [
    {
      "type": "applied",
      "affecting": "uksi/1991/2522",
      "affecting_title": "The Local Government Superannuation (Miscellaneous Provisions) Regulations 1991"
    },
    {
      "type": "revoked",
      "affecting": "uksi/1994/3221",
      "affecting_title": "The Local Government Superannuation (Local Government Reorganisation in England) Regulations 1994"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1986/24/schedule/19/paragraph/11",
    "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."
}