SCHEDULES

SCHEDULE 5 Amendment of enactments

Diocesan Stipends Funds Measure 1953

1

In the M1Diocesan Stipends Funds Measure 1953—

a

in section 4(1) after paragraph (b) there shall be inserted the following paragraphs—

ba

participation in any collective investment scheme operated for the purposes of this paragraph by the Commissioners;

bb

investment in any investments fund or deposit fund constituted under the Church Funds Investment Measure 1958;

bc

investment under the powers conferred on a trustee by the Trustee Investments Act 1961, as relaxed or extended by any order or regulations made under section 70 or 71 of the Charities Act 1993;

b

in section 5(1) after paragraph (aa) there shall be inserted the following paragraph—

ab

in paying secondary Class 1 contributions under section 6 of the Social Security Contributions and Benefits Act 1992 in respect of ministers of the Church of England who are not employed under a contract of service; and