Part 1 Parliamentary and Other Pensions
Constitutional Reform and Governance Act 2010 (2010 c 25) | Legislation

SCHEDULE 6 Parliamentary and Other Pensions

Section 40

Part 1 Parliamentary and Other Pensions

The Parliamentary Contributory Pension Fund etc
Continuance of Fund

1

There is to continue to be a fund known as the Parliamentary Contributory Pension Fund (“the Fundâ€).

Number and composition of trustees

2

(1)     The following are to be the trustees of the Fund—

(a)     one person appointed by the IPSA after consulting the Minister for the Civil Service and the persons who are already trustees of the Fund,

(b)     one person appointed by the Minister for the Civil Service after consulting the IPSA and the persons who are already trustees of the Fund, and

(c)     8 persons nominated and selected in accordance with arrangements under paragraph 3 (“member-nominated trusteesâ€).

(2)     Paragraphs 49 and 50 make transitional provision about the trustees of the Fund.

Member-nominated trustees

3

(1)     The trustees of the Fund must make arrangements for the nomination and selection of member-nominated trustees.

(2)     The arrangements must provide for the member-nominated trustees to be—

(a)     nominated as the result of a process in which all the members of a scheme under paragraph 12 and all the

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Direct discrimination

Direct discriminationIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an

LEXISNEXIS

Introduction to passing off

Unlike many other countries, the UK has no unfair competition law. Brand owners seeking to prevent competitors from marketing ‘copycat’ products or using misleading advertising have to rely on a combination of different intellectual property rights. These rights include the common law right to

LEXISNEXIS

What is electronic money?

What is electronic money?BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. Following IP completion day, key transitional arrangements come to an end and significant

LEXISNEXIS

Money laundering offences—tipping off and prejudicing an investigation

Money laundering offences—tipping off and prejudicing an investigationTipping off and prejudicing an investigationIt would undermine the benefit to the authorities if, a suspicious activity report (SAR) having been made, the alleged offender were to be made aware of the interest in their activities