Common use of CHANGE IN ADMINISTERING AUTHORITY Clause in Contracts

CHANGE IN ADMINISTERING AUTHORITY. 27.1 This clause 27 applies if any of the Councils is abolished or ceases to be an administering authority in circumstances where one or more local authorities become the administering authority in place of the Council. 27.2 Where this clause applies, the Council affected and the remaining Councils shall, subject to any contrary provision in any statutory order made in connection with the abolition or change in administering authority, make such arrangements as are necessary to enable the Council affected to withdraw from this Agreement and, where relevant, to be replaced as a party to this Agreement by the replacement administering authority or authorities, provided that the replacement administering authority or authorities so consent. 27.3 For the avoidance of doubt, where an affected Council withdraws from this Agreement in the circumstances set out in this clause 27, such withdrawal shall be deemed not to be a withdrawal for the purposes of clause 12. This Agreement is executed as a deed and delivered on the date stated at the beginning of this Agreement. Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal in the presence of: Authorised signatory: Executed as a deed by ) ) ) SUFFOLK COUNTY COUNCIL ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory:

CHANGE IN ADMINISTERING AUTHORITY. 27.1 This clause 27 26 applies if any of the Councils is to be abolished or ceases to be an administering authority in circumstances where one or more local authorities become the administering authority in place of the Council. 27.2 Where this clause applies, applies the Council affected and the remaining Councils shallmay, subject to any contrary provision in any statutory order made in connection with the abolition or change in administering authority, make such arrangements as are necessary assign this agreement to enable the Council affected to withdraw from this Agreement and, where relevant, to be replaced as a party to this Agreement by the replacement administering authority or administering authorities, provided that the replacement administering authority or authorities so consent. 27.3 For must agree to accept the avoidance of doubt, where an affected Council withdraws from this Agreement in assignment and the circumstances set out in this clause 27, such withdrawal shall be deemed not to be a withdrawal for the purposes of clause 12obligations arising. This Agreement document is executed as a deed and delivered on the date stated at the beginning of this Agreement. Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of Authorised signatory: Executed as a deed by ) ESSEX COUNTY COUNCIL ) by affixing the common seal ) in the presence of: ) Authorised signatory: : ) Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) KENT COUNTY COUNCIL ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) NORFOLK COUNTY COUNCIL ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal in the presence of: Authorised signatory: Executed as a deed by ) ) ) SUFFOLK COUNTY COUNCIL ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) WEST SUSSEX COUNTY COUNCIL ) by affixing the common seal ) in the presence of: ) Authorised signatory: 1. The Councils will work collaboratively. 2. The Councils will have an equitable voice in governance. 3. Decision making will be objective and evidence based. 4. The Pool will use professional resources as appropriate. 5. The risk management processes will be appropriate to the Pool’s scale, recognising it as one of the biggest pools of pension assets in the UK. 6. The Pool will avoid unnecessary complexity. 7. The Pool will evolve its approach to meet changing needs and objectives. 8. The Pool will welcome innovation. 9. The Pool will be established and run economically, applying value for money considerations. 10. The Pool’s costs will be shared equitably. 11. The Pool is committed to collaboration with other pools where there is potential to maximise benefits.

CHANGE IN ADMINISTERING AUTHORITY. 27.1 This clause 27 applies if any of the Councils is abolished or ceases to be an administering authority in circumstances where one or more local authorities become the administering authority in place of the Council. 27.2 Where this clause applies, the Council affected and the remaining Councils shall, subject to any contrary provision in any statutory order made in connection with the abolition or change in administering authority, make such arrangements as are necessary to enable the Council affected to withdraw from this Agreement and, where relevant, to be replaced as a party to this Agreement by the replacement administering authority or authorities, provided that the replacement administering authority or authorities so consent. 27.3 For the avoidance of doubt, where an affected Council withdraws from this Agreement in the circumstances set out in this clause 27, such withdrawal shall be deemed not to be a withdrawal for the purposes of clause 12. This Agreement is executed as a deed and delivered on the date stated at the beginning of this Agreement. Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal in the presence of: ) ) Authorised signatory: Executed as a deed by ) ) ) SUFFOLK COUNTY COUNCIL ) by affixing the common seal ) in the presence of: ) Authorised signatory: Executed as a deed by ) by affixing the common seal ) in the presence of: ) Authorised signatory: