http://www.legislation.gov.uk/id/ukpga/2004/12

SCHEDULES

SCHEDULE 36Pension schemes etc: transitional provisions and savings

Part 4Other provisions

Authorised surplus payments charge: pre-19th March 1986 winding-up

47

Section 207 (authorised surplus payments charge) does not apply to any payment made in pursuance of the winding-up of a pension scheme if the winding-up commenced before 19th March 1986.