Regulation 22 Amendment of the 1997 Regulations

In paragraphs 2(b), 3(a) and 4(a) of Schedule 12 for “an approved” substitute “a registered”.

In paragraph 9(1)(b) of Schedule 12, for “a personal pension scheme or an approved pension scheme” substitute “a registered pension scheme”.

For paragraph 11(a) of Schedule 12 substitute the following sub-paragraph—

“(a)

the previous scheme was—

(i)

on or before 5th April 2006, approved under Chapter 1 of Part XIV of the Taxes Act and did not fall within section 591(2)(h) of that Act, or

(ii)

immediately before 1st November 1988, an approved superannuation scheme for the purposes of Part IV of the 1976 Regulations, or

(iii)

on or before 5th April 2006, a relevant statutory scheme defined by section 611A of the Taxes Act

and was not a club scheme, and”.