DIRECTOR OF FINANCE
The following function is delegated to the Director of Finance by the Council, pursuant to Section 101 of the Local Government Act 1972 and by the Executive under Section 15 of the Local Government Act 2000:
"Undertake all day to day administration of Merseyside Pension Fund within the policy laid down by the Pensions Committee including the authorisation of admission agreements with transferee admission bodies pursuant to Best Value arrangements, as required by the Local Government Pensions Scheme Regulations," and to:
"Terminate a contract of an external investment manager and enter into any consequential arrangements for the transitional management of the Fund's investments, pending the decision of the Pensions Committee on the award of a new contract".
The Director of Finance may authorise officers in his department to exercise on his behalf, functions delegated to him. Any decisions taken under this authority shall remain the responsibility of the Director of Finance and must be taken in his name and he shall remain accountable and responsible for such decisions.
