Regulation 4(1), (4) and (5)
SCHEDULE 1E+W+SDescription of schemes
This schedule has no associated Explanatory Memorandum
1.—(1) An occupational pension scheme falls within this paragraph if it meets the following conditions.E+W+S
(2) The first condition is that the scheme—
(a)is a tax registered scheme,
(b)was formerly—
(i)approved by the Commissioners for Her Majesty's Revenue and Customs for the purposes of section 590 or 591 of the Income and Corporation Taxes Act 1988,
(ii)a statutory scheme as defined in section 611A of that Act, or
(iii)approved by the Commissioners for Her Majesty's Revenue and Customs under Chapter 4 of Part 14 of that Act,
(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . or
(d)is a public service pension scheme.
(3) The second condition is that the scheme—
(a)has 2 or more members,
(b)does not provide only death benefits,
(c)is established in the United Kingdom or has at least one trustee or manager resident in the United Kingdom, and
(d)is not established by the Salvation Army Act 1963.
Textual Amendments
Marginal Citations
2. A personal pension scheme falls within this paragraph if it is not a pension scheme that is—E+W+S
(a)either—
(i)set up or established in an annuity contract, or
(ii)a trust scheme, and
(b)to be treated as becoming a registered pension scheme under section 153(9) of the Finance Act 2004 in accordance with paragraph 1(1)(f) of Schedule 36 to that Act.