# The Pension Protection Fund (Tax) (Amendment) Regulations 2013, Regulation 11: Amendment of the Pension Protection Fund (Tax) Regulations 2006


For regulation 42 substitute—
“42. Unless it is a lump sum falling within any of paragraphs (a) to (c) of regulation 42A, a lump sum paid under any of the following provisions is treated as if it were a lump sum paid under a registered pension scheme to which section 636A of ITEPA 2003 (exemption for certain lump sums under registered pension schemes) applies—
(a) Schedule 7 to the Pensions Act or Schedule 6 to the Pensions Order (pension compensation provisions), or
(b) Schedule 5 to PA 2008 or Schedule 4 to P(No. 2)A(NI) 2008 (pension compensation provisions).
42A. Each of the following is to be treated as if it were a lump sum, paid to a member under a registered pension scheme, in relation to which section 636B of ITEPA 2003 (trivial commutation and winding-up lump sums) applies—
(a) a PPF money purchase lump sum,
(b) a lump sum under paragraph 24 of Schedule 7 to the Pensions Act or paragraph 24 of Schedule 6 to the Pensions Order (commutation of periodic compensation), where the portion of periodic compensation commuted exceeds 25%, and
(c) a lump sum under paragraph 9 of Schedule 5 to PA 2008 or paragraph 9 of Schedule 4 to P(No. 2)A(NI) 2008 (commutation of periodic compensation), where the portion of periodic compensation commuted exceeds 25%.”.

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Source: https://www.legislation.gov.uk/uksi/2013/1117/regulation/11 (the official version)
Page: https://openlegislation.uk/pension-protection-fund-tax-amendment-regulations-2013/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.