SCHEDULES

SCHEDULE 2 U.K.Pensions: high income excess relief charge

Modifications etc. (not altering text)

C1 Sch. 2: power to repeal conferred (27.7.2010) by Finance (No. 2) Act 2010 (c. 31), s. 5(1)

4 In Schedule 34 (non-UK schemes: application of certain charges), after paragraph 7A insert—

“High income excess relief charge

7B (1) The Commissioners for Her Majesty's Revenue and Customs may by regulations make provision for the provisions of this Part of this Act relating to the high income excess relief charge to apply in relation to individuals who are or have been members of a currently-relieved non-UK pension scheme subject to modifications contained in the regulations.

(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 Commissioners for Her Majesty's Revenue and Customs or officers of Revenue and Customs, and

(c) make different provision for different cases.”