The Income Tax (Pay As You Earn) (Amendment) Regulations 2011 No. 729

Amendment of the Income Tax (Pay As You Earn) Regulations 2003

12.  For regulation 54 substitute—

“54.   This Chapter applies (instead of Chapter 2) when a pension starts and either—

(a) the pensioner will be continuing in employment and will be receiving relevant pension payments in addition to relevant payments from their employer, or

(b) the pensioner will not be receiving relevant payments other than relevant pension payments.”.