Regulation 8 Amendment of the Occupational Pension Schemes (Requirement to obtain Audited Accounts and a Statement from the Auditor) Regulations 1996

For paragraph 5 of the Schedule to the Occupational Pension Schemes (Requirement to obtain Audited Accounts and a Statement from the Auditor) Regulations 1996^f1 (contents of accounts) substitute—

“5

Where the scheme has employer-related investments, within the meaning of section 40(2) of the Pensions Act 1995, a statement—

(a)

as to the percentage of the scheme’s resources invested in such investments at the end of the scheme year; and

(b)

if that percentage exceeds 5 per cent., as to the percentage of the scheme’s resources which are investments to which regulation 6 of the Occupational Pension Schemes (Investment) Regulations 1996^f2 (investments to which restrictions on employer-related investments do not apply) applies.”.