The Board of the Pension Protection Fund1 must secure: (1) that a statement of investment principles2 is prepared and maintained; and (2) that the statement is reviewed at such intervals, and on such occasions, as may be prescribed and, if necessary, revised3. Before preparing or revising a statement of investment principles, the Board must comply with any prescribed requirements4. A statement of investment principles must be in the prescribed form and cover, among other things, the prescribed matters5.
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