Regulation 4 Amendment of the Registered Pension Schemes (Splitting of Schemes) Regulations 2006

In the table in Part 1 of Schedule 3 (responsibilities and liabilities of sub-scheme administrators in respect of a sub-scheme: Finance Act 2004)^f1—

(a)

omit the entries for sections 227(3), 258(1) and 259(1) and paragraphs 19(1)(d) and 19(2)(e) of Schedule 29;

(b)

before the entry for section 205 insert—

“

Section 192^f2 Deduction of relief at source

”;

(c)

after the entry for section 205 insert—

“

Section 205A^f3 Serious ill-health lump sum charge

”;

(d)

before the entry for section 238(3) and (4) insert—

“

Section 237B to 237E^f4 Annual allowance charge

”; and

(e)

after the entry for section 272 insert—

“

Section 272A to 272C^f5 Liability of independent trustee, scheme administrator and former scheme administrator

”.

Annotations

f1: The table in Part 1 of Schedule 3 was amended by S.I. 2011/702 and 2013/1114.
f2: Section 192 was amended by paragraph 474 of Schedule 1 and Part 1 of Schedule 3 to the Income Tax Act 2007 (c. 3) and paragraph 11 of Schedule 2 to the Finance Act 2009 (c. 10).
f3: Section 205A was inserted by paragraph 40 of Schedule 16 to the Finance Act 2011 (c.11) and amended by paragraph 122 of Schedule 46 to the Finance Act 2013 (c. 29) and section 2(4) of the Taxation of Pensions Act 2014 (c. 30).
f4: Sections 237B to 237E were inserted by paragraph 15 of Schedule 17 to the Finance Act 2011. Section 237B was amended by paragraph 129 of Schedule 46 to the Finance Act 2013 and paragraph 68 of Schedule 1 to the Taxation of Pensions Act 2014.
f5: Sections 272A to 272C were inserted by paragraph 19 of Schedule 7 to the Finance Act 2014 (c. 26).