Schedules
Schedule 9Pensions
Part 4Transitional protections
97Amendments of the Registered Pension Schemes and Relieved Non-UK Pension Schemes (Lifetime Allowance Transitional Protection) (Notification) Regulations 2013
1
The Registered Pension Schemes and Relieved Non-UK Pension Schemes (Lifetime Allowance Transitional Protection) (Notification) Regulations 2013 (S.I. 2013/1741) are amended as follows.
2
In the title, for “Lifetime Allowance” substitute “Enhanced Allowances”
.
3
In regulation 1 (citation and commencement), for “Lifetime Allowance” substitute “Enhanced Allowances”
.
4
In regulation 4 (the paragraph 1 notice), in paragraph (1)—
a
in sub-paragraph (c), for “make provision for a lifetime allowance enhancement factor” substitute “apply”
;
b
in sub-paragraph (e), for “(transitional provision relating to new standard lifetime allowance for the tax year 2012-13)” substitute “(fixed protection)”
.
5
In regulation 13 (preservation of documents), in paragraph (1), for “benefit crystallisation event” substitute “relevant benefit crystallisation event within the meaning of section 637S of ITEPA 2003”
.