Section 175 Authorised employer paymentsI1C1
United Kingdom
The only payments which a registered pension scheme that is an occupational pension scheme is authorised to make to or in respect of a F1person who is or has been a sponsoring employer are—
public service scheme payments (see section 176),
authorised surplus payments (see section 177),
compensation payments (see section 178),
authorised employer loans (see section 179),
scheme administration employer payments (see section 180), and
payments of a description prescribed by regulations made by the Board of Inland Revenue.
Annotations
Textual amendments
- F1
Words in s. 175 inserted (retrospective to 6.4.2006) by Finance Act 2006 (c. 25), s. 161(2), Sch. 23 para. 10
Modifications
- C1
Ss. 175-181 excluded (6.4.2006) by The Pension Protection Fund (Tax) Regulations 2006 (S.I. 2006/575), regs. 1, 15
Commencement
- I1
Ss. 160-274, 281, Schs. 30-35 in force at 6.4.2006 but any power to make an order or regulations under those provisions may be exercised at any time after Royal Assent, see s. 284