# The Postal Services Act 2011 (Taxation) Regulations 2012, Regulation 20: Liability of scheme administrator of the new public scheme in respect of an individual’s annual allowance charge for the tax year in which the Accrued Rights Transfer takes place

Extent: E+W+S+N.I.

(1) Paragraph (2) applies where—
(a) the Accrued Rights Transfer has taken place; and
(b) the requirements in section 237B(1) (liability of scheme administrator) are met in respect of an individual in relation to the RMPP for the tax year in which the Accrued Rights Transfer took place.
(2) The Transfer is to be treated as a transfer of all the sums or assets held for the purposes of, or representing accrued rights under, the RMPP so as to become held for the purposes of, or to represent rights under, the new public scheme within the meaning of section 237B(9).

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Source: https://www.legislation.gov.uk/uksi/2012/764/regulation/20 (the official version)
Page: https://openlegislation.uk/postal-services-act-2011-taxation-regulations-2012/regulation-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.