The Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) (Amendment) Regulations 2009

Citation, commencement etc.

1.—(1) These Regulations may be cited as the Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) (Amendment) Regulations 2009 and shall come into force on 13th August 2009.

(2) Regulations 3 to 8 have effect where—

(a) there is a paragraph 15 BCE which is treated as occurring on a date (“the specified date”) on or after 6th April 2006, and

(b) the member becomes entitled to a lump sum under a relevant non-UK scheme on or after the specified date.

(3) Regulation 9 has effect where—

(a) there is a paragraph 15 BCE,

(b) the notice given under paragraph 15 of Schedule 34 to the Finance Act 2004 (non-UK schemes: application of certain charges) is given on or after 23rd July 2009, and

(c) the member becomes entitled to a lump sum under a relevant non-UK scheme on or after the date on which the paragraph 15 BCE is treated as occurring.

(4) In this regulation—

“paragraph 15 BCE” means the benefit crystallisation event treated as occurring by virtue of paragraph 15 of Schedule 34 to the Finance Act 2004;

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