SCHEDULES

SCHEDULE 34Non-UK schemes: application of certain charges

Lifetime allowance charge

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(1)

The provisions of this Part of this Act relating to the lifetime allowance charge apply in relation to an individual who is a relieved member of a relieved non-UK pension scheme subject to any omissions, additions and other modifications contained in regulations made by the Board of Inland Revenue.

(2)

Regulations under sub-paragraph (1) may—

(a)

include provision having effect in relation to times before they are made,

(b)

confer discretion on the Board of Inland Revenue or the Inland Revenue (subject to a right of appeal against any decision taken in exercise of the discretion), and

(c)

make different provision for different cases.