Statutory Instruments
2007 No. 3533
income tax
The Registered Pension Schemes (Meaning of Pension Commencement Lump Sum) (Amendment) Regulations 2007
Made
14th December 2007
Laid before the House of Commons
17th December 2007
Coming into force
7th January 2008
Citation and commencement
1. These Regulations may be cited as the Registered Pension Schemes (Meaning of Pension Commencement Lump Sum) (Amendment) Regulations 2007 and shall come into force on 7th January 2008.
Amendment of the Registered Pension Schemes (Meaning of Pension Commencement Lump Sum) Regulations 2006
2. In regulation 4 of the Registered Pension Schemes (Meaning of Pension Commencement Lump Sum) Regulations 2006( 3 ) (circumstances in which the Regulations apply)—
(a) for “paragraphs (c) and (e)” substitute “paragraphs (a) and (c)”;
(b) in sub-paragraph (b), for “three months” substitute “twelve months”.
Dave Hartnett
Mike Hanson
Two of the Commissioners for Her Majesty’s Revenue and Customs
14th December 2007
2004 c. 12 . Paragraph 1(6) of Schedule 29 was inserted by paragraph 34(3) of Schedule 10 to the Finance Act 2005 (c. 7) and amended by paragraph 11(3) of Schedule 20 to the Finance Act 2007 (c. 11) . Paragraph 24(3) of Schedule 20 deems those amendments always to have had effect.
The functions of the Commissioners of Inland Revenue were transferred to the Commissioners for Her Majesty’s Revenue and Customs by section 5(2) of the Commissioners for Revenue and Customs Act 2005 (c. 11) . Section 50 of that Act provides that in so far as it is appropriate in consequence of section 5 a reference, however expressed, to the Commissioners of Inland Revenue is to be read as a reference to the Commissioners for Her Majesty’s Revenue and Customs.