xmlns:atom="http://www.w3.org/2005/Atom"

  1. Introductory Text

  2. PART 1 Preliminary

    1. 1.Citation, commencement and interpretation

  3. PART 2 Tax reliefs, etc

    1. 2.Transfer of registered pension scheme assets, etc, to the Secretary of State

    2. 3.Payments to the Secretary of State

    3. 4.Lump sum payments by the Financial Assistance Scheme

  4. PART 3 Lifetime allowance

    1. 5.Application of relevant lifetime allowance provisions

    2. 6.Amount of charge

    3. 7.Benefit crystallisation events and amounts crystallised

    4. 8.Persons liable to charge

    5. 9.Availability of individual’s lifetime allowance

    6. 10.Transitional provisions: Part 2 of Schedule 36 to the FA 2004

    7. 11.Information and penalties

    8. 12.Percentage of standard lifetime allowance expended on the happening of a benefit crystallisation event

    9. 13.Information provided by qualifying members to the FAS scheme manager about enhanced lifetime allowance

    10. 14.Information provided by the FAS scheme manager to qualifying members about liability for a lifetime allowance charge

    11. 15.Information provided by the FAS scheme manager to qualifying members about benefit crystallisation events

    12. 16.Information provided by the FAS scheme manager to personal representatives

    13. 17.Information provided by the FAS scheme manager to Her Majesty’s Revenue and Customs

    14. 18.Information provided by personal representatives to Her Majesty’s Revenue and Customs

  5. PART 4 Miscellaneous

    1. 19.Transitional provisions: lump sums

  6. Signature

  7. Explanatory Note