Management mandate

Legal basis: Adopted by the Ministry of Finance on 8 November 2010 pursuant to section 2, second paragraph, and section 7 of Act no. 123 of 21 December 2005 relating to the Government Pension Fund.

Amendments: Amended by decision no. 1792 of 21 Dec. 2010, no. 901 of 5 Sept. 2011, no. 689 of 27 June 2012, no. 943 of 4 Oct. 2012, no. 1338 of 18 Dec. 2012, no. 383 of 15 April 2013, no. 401 of 25 March 2014, no. 1783 of 18 Dec. 2014, no. 15 of 7 Jan. 2015, no. 773 of 26 June 2015, no. 1367 of 30 Nov. 2015, no. 78 of 1 Feb. 2016, no. 1036 of 5 Sept. 2016, no. 1164 of 30 Sept. 2016, no. 1781 of 20 Dec. 2016, no. 1061 of 29 June 2017, no. 1341 of 31 August 2017, no. 776 of 14 May 2018, no. 209 of 8 March 2019, no. 523 of 23 April 2019 (effective date 1 May 2019).

Contents

Chapter 1. General provisions
Chapter 2. Responsible management
Chapter 3. Management of the investment portfolio
Chapter 4. Valuation, performance measurement, and risk management, measurement and control
Chapter 5. Management costs and remuneration system
Chapter 6. Public reporting
Chapter 7. Relationship between the Ministry and the Bank
Chapter 8. Deviation from the provisions, transitional provisions and entry into force

The Mandate is translated to English for information purposes only. Legal authenticity remains with the original Norwegian version, "Mandat for forvaltningen av Statens pensjonsfond utland", which can be found on lovdata.no.

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Last saved: 03/09/2019