{
  "url": "https://openlegislation.uk/registered-pension-schemes-authorised-surplus-payments-regulations-2006/note",
  "json_url": "https://openlegislation.uk/registered-pension-schemes-authorised-surplus-payments-regulations-2006/note.json",
  "legislation": "uksi/2006/574",
  "legislation_title": "The Registered Pension Schemes (Authorised Surplus Payments) Regulations 2006",
  "legislation_url": "https://openlegislation.uk/registered-pension-schemes-authorised-surplus-payments-regulations-2006",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations prescribe “authorised surplus payments” for the purposes of section 177 of the Finance Act 2004.\nRegulation 2 prescribes as authorised surplus payments, payments which are made in compliance with sections 37 or 76 of the Pensions Act 1995. Payments made by to a sponsoring employer in respect of the death of a member of the scheme must, in addition, satisfy the conditions set out in paragraph (4).\nRegulation 3 prescribes as authorised surplus payments, payments which meet conditions A to D as set out in paragraph (1). Paragraph (2) prescribes as authorised payments, payments which are made in respect of the death of a member of the scheme and which, in addition to meeting the requirements set out in paragraph (1), also meet the conditions E and F as set out.\nThe Board of Inland Revenue published a regulatory impact assessment in respect of the provisions of Part 4 of the Finance Act 2004, and subordinate legislation under it, on 8 April 2004. That assessment is now available on the website of HM Revenue and Customs at www.hmrc.gov.uk/ria/simplifying-pensions.pdf or obtained by writing to The Ministerial Correspondence Unit, 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/2006/574/note",
    "retrieved_at": "2026-10-29T04:35:54.910387+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."
}