# The Registered Pension Schemes (Audited Accounts) (Specified Persons) Regulations 2005, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations prescribe the persons who may be the auditors of the accounts of a registered pension scheme under section 250(6) of the Finance Act 2004.
Regulation 1 provides for the citation and commencement of these Regulations.
Regulation 2 prescribes persons who may be the auditors of a registered pension scheme, subject to the exceptions in regulation 3 (which prevent a person who has a personal interest in a scheme either a member, an employer, an employee of the scheme administrator or a person precluded under company law from auditing the accounts of an employer in relation to the scheme.
A regulatory impact assessment in respect of the provisions of Part 4 of the Finance Act 2004 and subordinate legislation under it was published by the Board of Inland Revenue on 8 April 2004, and is available on the website of Her Majesty’s Revenue and Customs at www.hmrc.gov.uk/ria/simplifying-pensions.pdf or (for hard copies) by writing to the Ministerial Correspondence Unit, Capital and Savings 1st Floor Ferrers House, PO Box 38, Castle Meadow Road, Nottingham, NG2 1BB.

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Source: https://www.legislation.gov.uk/uksi/2005/3456/note (the official version)
Page: https://openlegislation.uk/registered-pension-schemes-audited-accounts-specified-persons-regulations-2005/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.