Official Report 372KB pdf
Building (Scotland) Amendment Regulations 2016 (SSI 2016/70)
Building (Energy Performance of Buildings) (Scotland) Amendment Regulations 2016 (SSI 2016/71)
Disabled Persons (Badges for Motor Vehicles) (Scotland) Amendment Regulations 2016 (SSI 2016/72)
Local Government Pension Scheme (Management and Investment of Funds) (Scotland) Amendment Regulations 2016 (SSI 2016/74)
Charities Accounts (Scotland) Amendment Regulations 2016 (SSI 2016/76)
Our next item is consideration of five negative statutory instruments. I invite comments from members.
The heading on page 5 of our briefing note is about the disabled persons’ badges instrument, but the section is actually about the pensions instrument.
Page 6 of the note says that the provision is not a change in policy. However, is not increasing the proportion of a pension fund that can be invested in partnerships from 15 to 30 per cent a significant change of policy? And what do we mean by “partnerships”? Where did the driver for that come from? What is the justification for going from 15 to 30 per cent? That seems like a huge amount of the pension fund that can now be invested in a partnership.
My understanding is that these are probably regulations that are amended every year. We can write to the Scottish Government to ask for further information for you, but we do not have the ability to amend the instrument.
Is the committee content to agree that it has no recommendations to make to Parliament in relation to the instruments?
Members indicated agreement.
As agreed earlier, we now move into private session.
10:58 Meeting continued in private until 11:29.