Regulation 62 Amendment of regulation T2AI1F1
England and Wales
Regulation T2A (deduction of tax: further provisions) is amended as follows.
In paragraph (2) for “Where”, substitute “Subject to paragraph (2A), if”.
After paragraph (2) insert—
“(2A)The member’s present or future benefits in respect of which any charge under paragraph (2) arises shall be reduced by an amount that fully reflects the amount of tax paid by the scheme administrator and shall be calculated by reference to advice provided by the Scheme Actuary for that purpose.”.
Annotations
Textual amendments
- F1
Regs. 62-66: incorrectly numbered regs. 1-5 following reg. 61 renumbered as regs. 62-66 (31.3.2008) by The National Health Service Pension Scheme (Correction to Amendment) Regulations 2008 (S.I. 2008/906), regs. 1(2), 2(3)
Commencement
- I1
Reg. 62 in force at 1.4.2008, see reg. 1(2)