113 Investment of funds
Pensions Act 2004 (2004 c 35) | Legislation

Financial matters

113  Investment of funds

(1)     The Board may invest for the purposes of the prudent management of its financial affairs.

(2)     When exercising the power conferred by subsection (1) in relation to the Pension Protection Fund, the Board must have regard to—

(a)     the interests of persons who are or may become entitled to compensation under the pension compensation provisions (see section 162) or any corresponding provisions in force in Northern Ireland, and

(b)     the effect of the exercise of the

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