{
  "url": "https://openlegislation.uk/finance-act-2004/section-274",
  "json_url": "https://openlegislation.uk/finance-act-2004/section-274.json",
  "legislation": "ukpga/2004/12",
  "legislation_title": "Finance Act 2004",
  "legislation_url": "https://openlegislation.uk/finance-act-2004",
  "path": "section/274",
  "kind": "section",
  "number": "274",
  "heading": "Supplementary",
  "text": "(1) The fact that any person is liable to pay any tax or interest, or is responsible for the discharge of any other obligation, under section 272 (trustees etc.), section 272C(7) or section 273 (members) does not relieve any other person of any liability to pay the tax or interest, or any obligation to discharge the obligation, arising—\n(a) by reason of that other person being, or being one of the persons who is, the scheme administrator of the pension scheme, or\n(b) under section 271(4) (continuation of liability where no scheme administrator), section 272C(3) or (4).\n(2) Where a liability imposed on the scheme administrator of a registered pension scheme falls to be satisfied by two or more persons (whether or not they constitute the scheme administrator), they are jointly and severally liable.\n(3) No liability to pay tax or interest, or other obligation, of any person in relation to a registered pension scheme arising—\n(a) by reason of the person being, or being one of the persons who is, the scheme administrator of the pension scheme concerned, or\n(b) under section 271(4), 272, 272C or 273 or regulations under section 273A,\nis affected by the termination of the pension scheme or by its ceasing to be a registered pension scheme.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Word in s. 274(1) inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 7 para. 21(2)(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 274(1)(b) inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 7 para. 21(2)(b)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Word in s. 274(3)(b) inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 7 para. 21(3)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 274(3)(b) inserted (6.4.2006) by Finance Act 2005 (c. 7), Sch. 10 paras. 49(2), 64(1)"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "S. 274 modified (6.4.2006) by The Registered Pension Schemes (Splitting of Schemes) Regulations 2006 (S.I. 2006/569), regs. 1(1), 3(1)(2), Sch. 3 Pt. 1"
    },
    {
      "type": "C",
      "label": "C2",
      "text": "S. 274(2) applied (with modifications) (6.4.2006) by The Registered Pension Schemes (Splitting of Schemes) Regulations 2006 (S.I. 2006/569), regs. 1(1), 3(7)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "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"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2004/12/section/274",
    "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."
  }
}