{
  "url": "https://openlegislation.uk/pension-scheme-surpluses-valuation-amendment-regulations-1989/regulation-3",
  "json_url": "https://openlegislation.uk/pension-scheme-surpluses-valuation-amendment-regulations-1989/regulation-3.json",
  "legislation": "uksi/1989/2290",
  "legislation_title": "The Pension Scheme Surpluses (Valuation) (Amendment) Regulations 1989",
  "legislation_url": "https://openlegislation.uk/pension-scheme-surpluses-valuation-amendment-regulations-1989",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Amendments to the Principal Regulations",
  "text": "In regulation 2 after the definition of “signed valuation” there shall be inserted–\n“; “simplified defined contribution scheme” means a scheme approved by the Board under section 591 of the Income and Corporation Taxes Act 1988 by reference to limitations on–\n(a) the aggregate amount of the contributions which may be paid by a member and his employer,\n(b) the maximum lump sum which may be provided under the scheme, and\n(c) the benefits payable on death which may be provided under the scheme”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1988 c.l; subsections (5) and (6) were amended by the Finance Act 1988 (c. 39), section 146 and Schedule 13, paragraph 6."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1989/2290/regulation/3",
    "retrieved_at": "2026-10-29T15:33:29.975850+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "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."
}