The Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) Regulations 2006

PART 1Introduction

1Citation, commencement and interpretation

PART 2Application and computation of UK tax charges

2Computation of a member’s UK tax-relieved fund under a relevant non-UK scheme

3Computation of a member’s relevant transfer fund

3AComputation of a member’s taxable asset transfer fund

4Attributing payments to particular funds under a relevant non-UK scheme

4ATaxable property provisions to apply to a transfer member of a relevant non-UK scheme (to payments referable to his taxable asset transfer fund)

4BUnauthorised payments charge to apply (in lieu of scheme chargeable payment)

4CModification of paragraph 15 of Schedule 29A

4DModifications of paragraphs 29 and 31 of Schedule 29A

5Modifications to Part 4 of the Finance Act 2004 in respect of relevant non-UK schemes

6Modification of pension rules

7Modification of pension death benefit rules

8Modification of section 227

9Modification of section 231

10Modification of section 235

11Modification of section 275

12Modification of section 276

13Modification of section 279

14Modification of Schedule 28

15Modification of Schedule 29

16Modification of Schedule 32

17Modification of Schedule 34

2006 No. 207

INCOME TAX

The Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) Regulations 2006

Made1st February 2006

Laid before the House of Commons2nd February 2006

Coming into force6th April 2006

The Commissioners for Her Majesty’s Revenue and Customs, in exercise of the powers conferred upon them by paragraphs 3(2), (5) and (6), 4(2) and (4), 7, 12 and 19 of Schedule 34 to the Finance Act 20041, make the following Regulations: