- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
(This note is not part of the Regulations)
By virtue of subsection (7A) of section 638 of the Income and Corporation Taxes Act 1988 (inserted by paragraph 9 of Schedule 11 to the Finance Act 1995) (“subsection 7A”), the Board of Inland Revenue may not approve a personal pension scheme for the purposes of Chapter IV of Part XIV of the 1988 Act which fails to prohibit (except in such cases as may be prescribed in regulations made by the Board) the acceptance of further contributions and the making of transfer payments in respect of a member of the scheme after the date (“the pension date”) on which the member elects to defer the purchase of an annuity under the scheme and to make income withdrawals from the scheme during the deferral period.
These Regulations prescribe as a case for the purposes of subsection (7A) the acceptance after the pension date of minimum contributions paid by the Department of Social Security in respect of the member.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include: