97(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”.