Regulation 1 Citation, commencement and interpretation

These Regulations may be cited as the Registered Pension Schemes (Authorised Surplus Payments) Regulations 2006 and shall come into force on 6th April 2006.

In these Regulations—

• “the 1995 Act” means the Pensions Act 1995^f1;

• “the 1988 Act” means the Income and Corporation Taxes Act 1988^f2;

• “controlling director” means a director to whom subsection (5)(b) of section 417 of the 1988 Act (read with sections (3),(4) and (6) of that section) applies.

In the application of these Regulations to Northern Ireland, a reference to an enactment applying only in Great Britain shall be construed as a reference to the corresponding enactment in Northern Ireland.