Regulation 2 Interpretation

(1)

In these Regulations—

“the 1988 Act” means the Income and Corporation Taxes Act 1988 M1;
“the Act” means the Pensions Act 2004;
“registered for tax purposes” in relation to a scheme, means registered in accordance with section 153 of the Finance Act 2004 M2 (registration of pension schemes) or treated as registered by virtue of Schedule 36 of that Act (pension schemes etc: transitional provisions and savings);
“relevant public authority” has the meaning given in section 307(4) (modification of the Act in relation to certain categories of schemes); and
“tax approved scheme” means a scheme which is approved or was formerly approved under section 590 (conditions for approval of retirement benefit schemes) or 591 (discretionary approval) of the 1988 Act M3 or in respect of which an application for such approval has been duly made but has not been determined.

(2)

In these Regulations, unless otherwise stated, a reference to a numbered section is a reference to the section of the Act bearing that number.

Annotations

M1: 1988 c. 1.
M2: 2004 c. 12; at the time of the coming into force of these Regulations section 153 had not yet been brought into force.
M3: Section 590 was amended by section 35 of, and paragraph 18 of Part 1 of Schedule 3 to, the Finance Act 1988 (c. 39); sections 75 and 187 of, and paragraphs 3 and 18(2) and (3) of Schedule 6, and Part 4 of Schedule 17 to, the Finance Act 1989 (c. 26); sections 34(2) to (4), 36(2) and (3) and 123 of, and Part 5 of Schedule 19 to, the Finance Act 1991 (c. 31); and section 79 of, and paragraphs 2(1) to (4) and (7) and (8) and 18(1) and (3) of Schedule 10 to, the Finance Act 1999 (c. 16). Section 591 was amended by section 146 of, and paragraph 6 of Part 1 of Schedule 13 to, the Finance Act 1988; sections 107(2) to (4) and 258 of, and Part 5 of Schedule 26 to, the Finance Act 1994 (c. 9); sections 59(2) and 60(1) of the Finance Act 1995 (c. 4); and section 79 of, and paragraphs (3)(a) and (b) and 18(1) and (3) of Schedule 10 to, the Finance Act 1999.