SCHEDULES
SCHEDULE 13Employer asset-backed pension contributions etc
PART 2Transitional provision relating to Part 1
Application and interpretation
4
1
This Part of this Schedule applies if—
a
before 29 November 2011, an employer (“E”) pays a contribution (“E's contribution”) under a registered pension scheme (“the relevant scheme”),
b
at any time, relief is given in respect of E's contribution,
c
if the reference in paragraph 3(2) above to 29 November 2011 were instead a reference to the date on which E's contribution is paid, E would have no entitlement to relief in respect of E's contribution by virtue of section 196B, 196C or 196D of FA 2004, and
d
the asset-backed arrangement is not completed before 29 November 2011.
2
For the purposes of sub-paragraph (1)(c) section 196F of FA 2004 is to be ignored.