Regulation 9 Investment of contributionsI1

Basic contributions are to be invested by the F1police authority police pension authority in accordance with any election for the time being having effect under regulation 4(1) or 6(1)(b) or (c).

In paragraph (1) “invested” means invested F2with such approved additional voluntary contributions providers and in such investments managed by those providers as may be selected by the basic contributor F3with such approved additional voluntary contributions provider and in such investments managed by such provider as may be selected by the basic contributor.

Death benefit contributions and further contributions under regulation 5(5) are to be invested by the police authority police pension authority F4with the approved additional voluntary contributions provider selected by the death benefit contributor F5with an approved additional voluntary contributions provider selected by the death benefit contributor so as to secure death benefit cover of the amount required by any election for the time being having effect under regulation 5(1) or (5) or 6(2) or (3).