The Local Government Pension Scheme (Pooling, Management and Investment of Funds) Regulations 2026
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Change 1
24 Transitional provisions - management of funds or other assets by the relevant asset pool company
(1) Paragraph (2) applies to any funds or other assets of the Scheme, for which an authority is responsible, and which the relevant asset pool company has determined would not be reasonably practicable to transfer to that company within the period specified in regulation 17. (2) Where this paragraph applies to a fund or other asset, the relevant asset pool company may determine that that fund or other asset must be transferred to that company to be held on behalf of the authority in accordance with such transitional arrangements as that company may determine.
24 Transitional provisions - management of funds or other assets by the relevant asset pool company
(1) Paragraph (2) applies to any funds or other assets of the Scheme, for which an authority is responsible, and which the relevant asset pool company has determined would not be reasonably practicable to transfer to that company within the period specified in regulation 17. (2) Where this paragraph applies to a fund or other asset, the relevant asset pool company may determine that that fund or other asset must be transferred to that company to be held on behalf of the authority in accordance with such transitional arrangements as that company may determine.
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