{
  "url": "https://openlegislation.uk/registered-pension-schemes-reduction-in-pension-rates-accounting-and-assessment-amendment-regulations-2013/note",
  "json_url": "https://openlegislation.uk/registered-pension-schemes-reduction-in-pension-rates-accounting-and-assessment-amendment-regulations-2013/note.json",
  "legislation": "uksi/2013/1111",
  "legislation_title": "The Registered Pension Schemes (Reduction in Pension Rates, Accounting and Assessment) (Amendment) Regulations 2013",
  "legislation_url": "https://openlegislation.uk/registered-pension-schemes-reduction-in-pension-rates-accounting-and-assessment-amendment-regulations-2013",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations make amendments to the Registered Pension Schemes (Accounting and Assessment) Regulations 2005 (“the 2005 Regulations”) and the Pension Schemes (Reduction in Pension Rates) Regulations 2006 (“the 2006 Regulations”).\nThe 2005 Regulations make provision in connection with charges to tax under Part 4 of the Finance Act 2004 (“the Act”) in respect of registered pension schemes. Regulation 2 of these Regulations amends the table in regulation 3 of the 2005 Regulations so that a scheme administrator making a return under section 254 of the Act must include the tax year to which an annual allowance charge relates.\nThe 2006 Regulations contain provision which enables a pension to be reduced in specified circumstances without the pension ceasing to be a “scheme pension” within the meaning of Part 1 of Schedule 28 to the Act. Regulation 3 of these Regulations specifies an additional circumstance. This is the satisfaction of an individual’s annual allowance charge by the scheme administrator. The reduction may take place in accordance with section 237E(1) of the Act or on a voluntary basis.\nRegulation 3 has effect from 6th April 2013. Paragraph 2(8) of Schedule 28 to the Act provides that Regulations made under paragraph 2(4)(h) may include provision having effect in relation to times before the Regulations are made.\nA Tax Information and Impact Note (“TIIN”) covering this instrument will be published on the HMRC website at http://www.hmrc.gov.uk/thelibrary/tiins.htm.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/1111/note",
    "retrieved_at": "2026-10-29T00:55:09.924425+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."
}