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

PART 1U.K.Introduction

Citation, commencement and interpretationU.K.

1.—(1) These Regulations may be cited as the Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) Regulations 2006 and shall come into force on 6th April 2006.

(2) In these Regulations—

“the Act” means the Finance Act 2004 any reference (without more) to a numbered section or Schedule is a reference, as the case requires, to the section of, or Schedule to, the Act which bears that number;

F1...

“recognised overseas pension scheme” has the meaning given by section 150(8); and

“relevant non-UK scheme” has the same meaning given by paragraph 1(5) of Schedule 34.

[F2“Ring-fenced transfer fund” and “ring-fenced taxable asset transfer fund” have the meaning given in regulations 3B and 3C respectively.]

[F3“taxable property” has the meaning in Schedule 29A to the Act;

“taxable property provisions” has the meaning in paragraph 1(3) of that Schedule; and

“transfer member” of a scheme has the meaning in paragraph 1(8) of Schedule 34 to the Act.]

Textual Amendments

F1Words in reg. 1(2) omitted (for the tax year 2024-25 and subsequent tax years) by virtue of Finance Act 2024 (c. 3), Sch. 9 paras. 62(2), 124 (with Sch. 9 paras. 125-132)

Commencement Information

I1Reg. 1 in force at 6.4.2006, see reg. 1(1)