# The Parliamentary Pension Scheme (Additional Voluntary Contributions) (Amendment) Regulations 1999, Regulation 5: Surplus monies


For regulation 12 of the AVC Regulations, there shall be substituted–
“12 The Trustees shall comply with the requirements of regulation 5 (restriction on discretion to approve other schemes) of the Retirement Benefits Schemes (Restriction on Discretion to Approve) (Additional Voluntary Contributions) Regulations 1993 and, where the AVC scheme is the leading scheme in relation to a contributor, with the requirements of regulation 6 (calculation of surplus funds) of those Regulations so far as they concern main schemes.”.

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Source: https://www.legislation.gov.uk/uksi/1999/780/regulation/5 (the official version)
Page: https://openlegislation.uk/parliamentary-pension-scheme-additional-voluntary-contributions-amendment-regulations-1999/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.