{
  "url": "https://openlegislation.uk/local-government-superannuation-scotland-regulations-1987/regulation-P8",
  "json_url": "https://openlegislation.uk/local-government-superannuation-scotland-regulations-1987/regulation-P8.json",
  "legislation": "uksi/1987/1850",
  "legislation_title": "The Local Government Superannuation (Scotland) Regulations 1987",
  "legislation_url": "https://openlegislation.uk/local-government-superannuation-scotland-regulations-1987",
  "path": "regulation/P8",
  "kind": "regulation",
  "number": "P8",
  "heading": "Periodical valuation of superannuation funds",
  "text": "(1) Every administering authority shall obtain an actuarial valuation of the assets and liabilities of each of their superannuation funds as at 31st March in the year 1990 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 each 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 administering 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": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "amended",
      "affecting": "uksi/1989/802",
      "affecting_title": "The Local Government Superannuation (Scotland) Amendment Regulations 1989"
    },
    {
      "type": "replaced (by reg.E9(3)(a)-(d))",
      "affecting": "uksi/1997/3048",
      "affecting_title": "The Local Government Superannuation (Scotland) Amendment (No.4) Regulations 1997"
    },
    {
      "type": "added",
      "affecting": "uksi/1997/3048",
      "affecting_title": "The Local Government Superannuation (Scotland) Amendment (No.4) Regulations 1997"
    },
    {
      "type": "amended",
      "affecting": "uksi/1990/422",
      "affecting_title": "The Local Government Superannuation (Scotland) Amendment Regulations 1990"
    },
    {
      "type": "amended",
      "affecting": "uksi/1995/3294",
      "affecting_title": "The Local Government (Superannuation and Compensation for Redundancy or Premature Retirement) (Scotland) Amendment Regulations 1995"
    },
    {
      "type": "added",
      "affecting": "uksi/1995/3294",
      "affecting_title": "The Local Government (Superannuation and Compensation for Redundancy or Premature Retirement) (Scotland) Amendment Regulations 1995"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/1850/regulation/P8",
    "retrieved_at": "2026-10-29T16:18:54.659485+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."
}