{
  "url": "https://openlegislation.uk/finance-act-2004/section-244ID",
  "json_url": "https://openlegislation.uk/finance-act-2004/section-244ID.json",
  "legislation": "ukpga/2004/12",
  "legislation_title": "Finance Act 2004",
  "legislation_url": "https://openlegislation.uk/finance-act-2004",
  "path": "section/244ID",
  "kind": "section",
  "number": "244ID",
  "heading": "Information to be provided by relieved relevant non-UK scheme on block transfer",
  "text": "(1) Subsection (2) applies where—\n(a) a relieved relevant non-UK scheme (“the transferring scheme”) makes a transfer to a QROPS, and\n(b) the transfer is a block transfer in relation to any member of the transferring scheme.\n(2) The scheme manager of the transferring scheme must, before the end of the period of 91 days beginning with the day of the transfer, provide the scheme manager of the QROPS with a statement stating—\n(a) that the transfer is a block transfer and, accordingly, that an onward transfer subsequently made by the QROPS of sums or assets derived from those transferred by the block transfer may give rise to an overseas transfer charge under section 244IA,\n(b) the date of the transfer, and\n(c) the transferred value of the transfer (determined in accordance with section 244K).\n(3) Section 244AB(2)(a) (meaning of “block transfer”) applies for the purposes of this section.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Ss. 244A-244N and cross-heading inserted (with effect in accordance with Sch. 4 para. 25 of the amending Act) by Finance Act 2017 (c. 10), Sch. 4 para. 11"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "S. 244ID inserted (6.4.2024 for the tax year 2024-25 and subsequent tax years) by The Pensions (Abolition of Lifetime Allowance Charge etc) Regulations 2024 (S.I. 2024/356), regs. 1, 3(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2004/12/section/244ID",
    "retrieved_at": "2026-10-29T09:17:16.113356+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}