Explanatory note

These Regulations amend the Registered Pension Schemes (Splitting of Schemes) Regulations 2006 (S.I. 2006/569) (“the Principal Regulations”).

Regulation 3 amends the table in Schedule 1 to the Principal Regulations to add three new public service pension schemes and make two minor changes to existing entries.

Regulation 4 amends the list, in Part 1 of Schedule 3 to the Principal Regulations, of the responsibilities and liabilities in the Finance Act 2004 (c. 12) that are assumed by sub-scheme administrators. Five existing entries are removed and four new entries are added.

Regulation 5 amends the list, in Part 2 of Schedule 3 to the Principal Regulations, of the secondary legislation containing responsibilities and liabilities that are assumed by sub-scheme administrators. Three existing entries are removed and three new entries are added.

A Tax Information and Impact Note has not been prepared for this instrument as it gives effect to existing policy and makes routine changes to the Principal Regulations.