(1) Section 39 of the Act of 2014 is amended -

(a) in subsection (2), by the substitution of "the level of risk to the assets, including any risk posed by environmental, social or governance matters of relevance to such holding or investing" for "the level of risk to the assets", and

(b) in subsection (3), by the substitution of the following paragraph for paragraph (b):

"(b) the level of risk to the assets, including any risk posed by environmental, social or governance matters of relevance to the holding or investing of the assets in accordance with this subsection.".

(2) Section 40 of the Act of 2014 is amended -

(a) by the insertion of the following subsection after subsection (2):

"(2A) The Agency shall include in the investment strategy a description of how the Agency incorporates the consideration of the risk to the assets of the Fund posed by environmental, social or governance matters of relevance to the holding and investment of the assets of the Fund in accordance with section 39, including a description of -