Textual Amendments
F1Words 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)
Modifications etc. (not altering text)
C1Sch. 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))
[F29ZA(1)For the purposes of determining the annual allowance charge in the case of an individual for a relevant tax year, a pension scheme is to be treated for the purposes of section 227G as a registered pension scheme if—U.K.
(a)in relation to that tax year, or
(b)in relation to any earlier tax year (whether or not a relevant tax year),
the scheme is a currently-relieved non-UK pension scheme and the individual is a currently-relieved member of the scheme.
(2)For the purposes of this paragraph, a tax year is a “relevant tax year” in relation to an individual if—
(a)it is—
(i)the first tax year in relation to which the individual is a currently-relieved member of any currently-relieved non-UK pension scheme, or
(ii)if later, the tax year 2015-16, or
(b)it is a tax year subsequent to the tax year identified under paragraph (a).]
Textual Amendments
F2Sch. 34 paras. 9ZA, 9ZB inserted (17.12.2014) by Taxation of Pensions Act 2014 (c. 30), Sch. 1 para. 95(7)