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The Head of Pensions (Finance and Risk) introduced the report of the Director of Pension to the Committee. The purpose of the report was to request that the Committee approve the write off of £28,000 of irrecoverable rent arrears from the Fund’s property portfolio. For context, the annual property rental income for 2022/23 was £31.7 million.

Resolved - That the Committee approve the write off of uncollectable property rental income of £28,000.