{
  "url": "https://openlegislation.uk/registered-pension-schemes-provision-of-information-regulations-2006/regulation-14ZC",
  "json_url": "https://openlegislation.uk/registered-pension-schemes-provision-of-information-regulations-2006/regulation-14ZC.json",
  "legislation": "uksi/2006/567",
  "legislation_title": "The Registered Pension Schemes (Provision of Information) Regulations 2006",
  "legislation_url": "https://openlegislation.uk/registered-pension-schemes-provision-of-information-regulations-2006",
  "path": "regulation/14ZC",
  "kind": "regulation",
  "number": "14ZC",
  "heading": "Information provided by scheme administrators on recognised transfers",
  "text": "(1) Paragraph (2) applies if—\n(a) in connection with a member of a registered pension scheme (“the transferring scheme”), there is a recognised transfer from the transferring scheme to another registered pension scheme or a qualifying recognised overseas pension scheme (“the recipient scheme”), and\n(b) the scheme administrator of the transferring scheme has reason to believe that the member first flexibly accessed pension rights before the transfer.\n(2) The scheme administrator of the transferring scheme must provide the scheme administrator or the scheme manager (as the case may be) of the recipient scheme with a statement—\n(a) stating that the scheme administrator of the transferring scheme has reason to believe that the member first flexibly accessed pension rights before the transfer, and\n(b) specifying the date the scheme administrator of the transferring scheme understands to be the date when the member first flexibly accessed pension rights.\n(3) The requirement under paragraph (2) is to be complied with before—\n(a) the end of the 31 days beginning with the date of the transfer, or\n(b) if later, the end of the 31 days beginning with the date when the scheme administrator of the transferring scheme first has reason for the belief mentioned in paragraph (1)(b).\n(4) References in this regulation to an individual first flexibly accessing pension rights are to be read in accordance with section 227G.\n(5) Paragraph (6) applies if—\n(a) in connection with a member of a registered pension scheme (“the transferring scheme”), there is a recognised transfer from the transferring scheme to another registered pension scheme (“the recipient scheme”), and\n(b) paragraph 12 of Schedule 36 (enhanced protection) applies in the case of the member.\n(6) The scheme administrator of the transferring scheme must provide the scheme administrator of the recipient scheme with a statement stating, for each arrangement under the transferring scheme relating to the member, the amount that would be “the permitted maximum” in relation to each of the following lump sums if a lump sum of that description were paid to or in respect of the member under the arrangement —\na pension commencement lump sum;\na serious ill-health lump sum;\nan uncrystallised funds pension lump sum;\na defined benefits lump sum death benefit;\na pension protection lump sum death benefit;\nan uncrystallised funds lump sum death benefit;\nan annuity protection lump sum death benefit;\na drawdown pension fund lump sum death benefit;\na flexi-access drawdown lump sum death benefit.\n(7) In this regulation “the permitted maximum”, in relation to a lump sum of any description, means the permitted maximum relating to a lump sum of that description under Chapter 15A of Part 9 of ITEPA 2003, as that Chapter has effect in relation to the member as modified by paragraph 12A of Schedule 36.\n(8) Paragraph (9) applies if—\n(a) in connection with a member of a registered pension scheme (“the transferring scheme”), there is a recognised transfer from the transferring scheme to another registered pension scheme (“the recipient scheme”), and\n(b) either—\n(i) immediately before the transfer, the member is entitled under any arrangement under the transferring scheme to a stand-alone lump sum, or\n(ii) at some time in the future the member would (in the absence of the transfer or any other transfer) become entitled under any such arrangement to such a lump sum.\n(9) The scheme administrator of the transferring scheme must provide the scheme administrator of the recipient scheme with a statement stating the amount of the 5th April 2023 maximum.\n(10) In paragraphs (8) and (9) and this paragraph—\n“the 5 April 2023 maximum” means the maximum amount that, on 5th April 2023, could have been paid to the member under the arrangement in question by way of a stand-alone lump sum;\n“stand-alone lump sum” has the meaning given by article 25 of the Taxation of Pension Schemes (Transitional Provisions) Order 2006.\n(11) The requirements in paragraphs (6) and (9) must be complied with before the end of the period of 3 months beginning with the date of the recognised transfer in question.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Regs. 14ZA-14ZE inserted (6.4.2015) by Taxation of Pensions Act 2014 (c. 30), Sch. 1 paras. 87, 91(a) (with Sch. 1 para. 91(b))"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in reg. 14ZC(1)(a) inserted (with effect in accordance with reg. 1(4) of the amending S.I.) by The Registered Pension Schemes (Provision of Information) (Amendment) Regulations 2015 (S.I. 2015/606), regs. 1(1), 8(b)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in reg. 14ZC(2) inserted (with effect in accordance with reg. 1(4) of the amending S.I.) by The Registered Pension Schemes (Provision of Information) (Amendment) Regulations 2015 (S.I. 2015/606), regs. 1(1), 8(c)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Reg. 14ZC(5)-(7) inserted (18.11.2024 for the tax year 2024-25 and subsequent tax years) by The Pensions (Abolition of Lifetime Allowance Charge etc) (No. 2) Regulations 2024 (S.I. 2024/1012), regs. 1(2)(3), 24(5)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Reg. 14ZC(8)-(11) inserted (with effect in relation to transfers made on or after 29.6.2026) by The Pensions (Abolition of Lifetime Allowance Charge etc) Regulations 2026 (S.I. 2026/698), regs. 1(5)(6), 12"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in reg. 14ZC heading substituted (with effect in accordance with reg. 1(4) of the amending S.I.) by The Registered Pension Schemes (Provision of Information) (Amendment) Regulations 2015 (S.I. 2015/606), regs. 1(1), 8(a)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/567/regulation/14ZC",
    "retrieved_at": "2026-10-31T10:31:04.598024+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."
}