Regulation 1 Citation, commencement and effect

These Regulations may be cited as the Pensions (Abolition of Lifetime Allowance Charge etc) Regulations 2026.

Subject to paragraphs (4) to (6), the amendments made by these Regulations have effect for the tax year 2024-25 and subsequent tax years.

The amendments made by regulations 2(6) and 14(4) to (7) have effect in relation to payments made on or after 29th June 2026.

The amendments made by regulation 4(2) have effect in relation to lump sums paid on or after 29th June 2026.

The amendments made by regulation 12 have effect in relation to transfers made on or after 29th June 2026.

These Regulations come into force on the day after the day on which they are made.