SCHEDULES

F1F1F2SCHEDULE 23ZA

Annotations:
Amendments (Textual)
F1

Sch. 23ZA repealed (6.4.2006) by Finance Act 2004 (c. 12), Sch. 42 Pt. 3, Note (with Sch. 36)

Eligible schemes

2

1

This Schedule applies to any retirement benefits scheme which is for the time being approved under Chapter I of Part XIV.

2

Sub-paragraph (1) above is subject to the following provisions of this paragraph.

3

This Schedule applies to a retirement benefits scheme only if—

a

it is an occupational pension scheme, as defined in section 1 of the M1Pension Schemes Act 1993 or section 1 of the M2Pensions Schemes (Northern Ireland) Act 1993;

b

it is a money-purchase scheme, as defined in section 181 of the M3Pension Schemes Act 1993 or section 176 of the M4Pensions Schemes (Northern Ireland) Act 1993;

c

any documents relating to the scheme which are prescribed under section 631(1) are such that, subject to approval under paragraph 3 below, the scheme is capable of being an approved personal pension scheme for the purposes of Chapter IV of Part XIV as from the date of the change; and

d

such other conditions as may be prescribed are satisfied in the case of the scheme.

4

Any retirement benefits scheme to which this Schedule applies is referred to in this Schedule as an “eligible scheme".