The Pensions (Abolition of Lifetime Allowance Charge etc) Regulations 2024

The Registered Pension Schemes (Splitting of Schemes) Regulations 2006

10.—(1) The Registered Pension Schemes (Splitting of Schemes) Regulations 2006(1) are amended as follows.

(2) In regulation 5—

(a) for paragraph (1) substitute—

“(1) A reference in Chapter 15A of ITEPA (lump sums under registered pension schemes) to the scheme administrator of a registered pension scheme is to be read, if the scheme is a split scheme, as a reference to the sub-scheme administrator of the sub-scheme in question.”;

(b) omit paragraph (2).

(3) In the Table in Schedule 3 (responsibilities and liabilities of sub-scheme administrators in respect of sub-schemes)(2) omit the entries for the following statutory references—

• section 215(9);

• section 217;

• section 267;

• paragraph 9(2) of Schedule 32;

• paragraph 9(3) of Schedule 32;

• paragraph 13(4) and (5) of Schedule 32;

• paragraph 14(1A) and (1B) of Schedule 32.

(1)

S.I. 2006/569.

(2)

There are several amending instruments to Schedule 3 none of which is relevant.