{
  "url": "https://openlegislation.uk/registered-pension-schemes-authorised-reductions-regulations-2006/note",
  "json_url": "https://openlegislation.uk/registered-pension-schemes-authorised-reductions-regulations-2006/note.json",
  "legislation": "uksi/2006/1465",
  "legislation_title": "The Registered Pension Schemes (Authorised Reductions) Regulations 2006",
  "legislation_url": "https://openlegislation.uk/registered-pension-schemes-authorised-reductions-regulations-2006",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations provide that the reduction (by way of forfeiture) of a pension in accordance with section 24 of the Chelsea and Kilmainham Hospitals Act 1826 (c. 16) upon the admission of the pensioner to the Royal Hospital, Chelsea does not prevent a pension from satisfying the requirements of paragraph 2(3) of Schedule 28 to the Finance Act 2004 (c. 12). The effect is that a pension capable of forfeiture in these circumstances is still a scheme pension for the purposes of Part 4 of that Act.\nParagraph 2(8) of Schedule 28 to the Finance Act 2004 provides that regulations under (inter alia) paragraph 2(4)(h) may have effect in respect of times before they are made.\nA 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 HM Revenue and Customs website 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.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/1465/note",
    "retrieved_at": "2026-10-29T04:27:57.126178+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."
}