SCHEDULES
C2SCHEDULE 34Non-UK schemes: application of certain charges F3and protections etc
Sch. 34 modified (6.4.2006) by The Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) Regulations 2006 (S.I. 2006/207), regs. 1(1), 17 (as amended (6.4.2024 for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 62(7), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4))
Member payment charges
I1C1C25
F1Sections 205 to 206 (short service refund lump sum chargeF2... and special lump sum death benefits charge) apply with respect to a lump sum or lump sum death benefit paid to or in respect of—
a
a relieved member of a relevant non-UK scheme, or
b
a transfer member of such a scheme,
so as to make the person to whom the lump sum or lump sum death benefit is paid (rather than the scheme administrator) liable to any charge imposed by either of those sections.
Words in Sch. 34 heading inserted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 64(2), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)