Decision ID: 003023

In March 2005 the Supplementary Fund Assembly adopted Financial Regulations, subject to an amendment to Regulation 10.4(c) to the effect that the maximum investment in any bank or building society of the Supplementary Fund’s assets shall not normally exceed 25% of those assets or £10 million, which ever was the higher. The Director was also instructed to make the necessary amendments to the Regulations so as to render the text gender neutral.