![Close](/images/chrome/closeIcon.gif)
Print Options
PrintThe Whole
Act
PrintThe Whole
Part
PrintThe Whole
Chapter
PrintThe Whole
Cross Heading
PrintThis
Section
only
Changes over time for: Section 239
![Help about opening options](/images/chrome/helpIcon.gif)
![Close](/images/chrome/closeIcon.gif)
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Version Superseded: 17/07/2013
Status:
Point in time view as at 06/04/2006. This version of this provision has been superseded.![Help about Status](/images/chrome/helpIcon.gif)
![Close](/images/chrome/closeIcon.gif)
Status
You are viewing this legislation item as it stood at a particular point in time. A later version of this or provision, including subsequent changes and effects, supersedes this version.
Note the term provision is used to describe a definable element in a piece of legislation that has legislative effect – such as a Part, Chapter or section.
Changes to legislation:
There are currently no known outstanding effects for the Finance Act 2004, Section 239.![Help about Changes to Legislation](/images/chrome/helpIcon.gif)
![Close](/images/chrome/closeIcon.gif)
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
239Scheme sanction chargeU.K.
(1)A charge to income tax, to be known as the scheme sanction charge, arises where in any tax year one or more scheme chargeable payments are made by a registered pension scheme.
(2)The person liable to the scheme sanction charge is the scheme administrator.
(3)But in the case of a payment treated by virtue of section 161(3) and (4) (payments under investments acquired with scheme assets) as having been made by a pension scheme which has been wound up, the person liable to the scheme sanction charge is the person who was, or each of the persons who were, the scheme administrator immediately before the pension scheme was wound up.
(4)A person liable to the scheme sanction charge is liable whether or not—
(a)that person, and
(b)any other person who is liable to the scheme sanction charge,
are resident, ordinarily resident or domiciled in the United Kingdom.
(5)The following sections make further provision about the scheme sanction charge—
[(6)This section is subject to provision made by regulations under section 273ZA (income and gains from taxable property).]
Textual Amendments
Modifications etc. (not altering text)
Commencement Information
Back to top