Regulation 11 Information and penaltiesI1

United Kingdom

(1)

F1... The Registered Pension Schemes (Provision of Information) Regulations 2006^f1 do not apply in relation to the FAS.

(2)

Sections 261 and 262 of the FA 2004 (enhanced F2... allowance regulations: documents and information – penalties) apply to the reporting obligation in regulation 13 of these Regulations as if it was imposed by enhanced ... allowance regulations.

(3)

Section 98 of the Taxes Management Act 1970^f2 (special returns, etc: penalties) applies to the reporting obligations in regulations F313A to 18 of these Regulations as if they were listed in the second column of the Table in that section.

Annotations

Textual amendments

F1: Words in reg. 11(1) omitted (18.11.2024 for the tax year 2024-25 and subsequent tax years) by virtue of The Pensions (Abolition of Lifetime Allowance Charge etc) (No. 2) Regulations 2024 (S.I. 2024/1012), regs. 1(2)(3), 27(13)(a)
F2: Word in reg. 11(2) omitted (18.11.2024 for the tax year 2024-25 and subsequent tax years) by virtue of The Pensions (Abolition of Lifetime Allowance Charge etc) (No. 2) Regulations 2024 (S.I. 2024/1012), regs. 1(2)(3), 27(13)(b)
F3: Word in reg. 11(3) substituted (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), 27(13)(c)

Commencement

I1: Reg. 11 in force at 1.5.2010, see reg. 1(1)

Footnotes

f1: S.I. 2006/567, to which there are amendments not relevant to these Regulations.
f2: 1970 c.9. Section 98 was amended in particular by section 164 of the Finance Act 1989 (c.26).

Notes on Part 3

Textual amendments

F1: Pt. 3 heading substituted (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), 27(4)