http://www.legislation.gov.uk/ukpga/2004/12/section/163Finance Act 2004An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance.texttext/xmlenStatute Law Database2025-12-08Expert Participation2025-04-24 Finance Act 2004s. 55A(5)Finance Act 2026s. 41(2)(4)Finance Act 2004s. 153(5)(j) and wordFinance Act 2026s. 60(2)(b)Finance Act 2004s. 158(1)(i) and wordFinance Act 2026s. 60(3)(c)Finance Act 2004s. 274ZA cross-headingFinance Act 2026s. 60(4)Finance Act 2004s. 274ZZA-274ZZCFinance Act 2026s. 60(5)Finance Act 2004s. 274ZA headingFinance Act 2026s. 60(6)(a)Finance Act 2004s. 274ZA(3)Finance Act 2026s. 60(6)(b)Finance Act 2004s. 282(1B)Finance Act 2026s. 60(9)Finance Act 2004s. 164(1)(ea)Finance Act 2026s. 70(8)s. 71Finance Act 2004s. 206A 206BFinance Act 2026s. 70(9)s. 71Finance Act 2004s. 274A(5)Finance Act 2026s. 70(10)s. 71Finance Act 2004s. 316C(6)(b)(i)Finance Act 2026s. 214(1)(b)(i)s. 215(2)s. 215(1)Finance Act 2004s. 316C(6)(b)(ii) and wordFinance Act 2026s. 214(1)(b)(ii)s. 215(2)s. 215(1)Finance Act 2004s. 315-315EFinance Act 2026s. 216(2)(b)s. 219Finance Act 2004s. 62A-62C and cross-headingFinance Act 2026s. 220(2)s. 222(1)Finance Act 2004s. 66(3A)Finance Act 2026s. 220(3)(a)s. 222(1)Finance Act 2004s. 66(6)(a)Finance Act 2026s. 220(3)(c)(i)s. 222(1)Finance Act 2004s. 66(6)(b) and wordFinance Act 2026s. 220(3)(c)(ii)s. 222(1)Finance Act 2004s. 72A-72CFinance Act 2026s. 220(5)s. 222(1)Finance Act 2004s. 75(4)Finance Act 2026s. 220(6)s. 222(1) Part 4Chapter 31631This section applies for the interpretation of this Chapter.2Borrowing is borrowing by a registered pension scheme if the amount borrowed is to be repaid from sums or assets held for the purposes of the pension scheme.3A liability is a liability of a registered pension scheme if the liability is to be met from sums or assets held for the purposes of the pension scheme.4Borrowing by a registered pension scheme is in respect of an arrangement if it is properly attributable to the arrangement in accordance with the provisions of the pension scheme and any just and reasonable apportionment.Pt. 4 modified (N.I.) (1.4.2006) by The Firemens Pension Scheme Order (Northern Ireland) 2006 (S.R. 2006/210), arts. 1(2), 103Pt. 4 modified (6.4.2006) by The Pension Protection Fund (Tax) Regulations 2006 (S.I. 2006/575), regs. 1, 9, 10Pt. 4 modified (6.4.2006) by The Pension Protection Fund (Tax) Regulations 2006 (S.I. 2006/575), regs. 1, 12Pt. 4 modified (6.4.2006) by The Pension Protection Fund (Tax) Regulations 2006 (S.I. 2006/575), regs. 1, 13(5)Pt. 4 modified (6.4.2006) by The Pension Protection Fund (Tax) Regulations 2006 (S.I. 2006/575), regs. 1, 26Ss. 160-274, 281, Schs. 30-35 in force at 6.4.2006 but any power to make an order or regulations under those provisions may be exercised at any time after Royal Assent, see s. 284Pt. 4 modified (31.12.2007) by Police and Justice Act 2006 (c. 48), s. 53(1), Sch. 3 para. 7; S.I. 2007/3203, art. 3(b)Pt. 4 modified (1.7.2008) (N.I.) (with effect in accordance with reg. 1 of the amending Rule) by The Health and Social Care (Pension Scheme) Regulations (Northern Ireland) 2008 (S.R. 2008/256), regs. 1, 124(1) (with regs. 134, 258)Pt. 4 modified by The Taxation of Pension Schemes (Transitional Provisions) Order 2006 (S.I. 2006/572), reg. 5A (as inserted (6.4.2006) by S.I. 2008/2990, arts. 1(1), 3)Pt. 4 applied (21.7.2009) by Finance Act 2009 (c. 10), Sch. 35 para. 18S. 163(2) applied (retrospective to 6.4.2011) by Finance Act 2011 (c. 11), s. 68(5)(6)Pt. 4 modified (19.7.2011) by Finance Act 2011 (c. 11), Sch. 18 para. 14(3)Pt. 4 applied (with modifications) (with application in accordance with Sch. 22 para. 1 of the amending Act) by Finance Act 2013 (c. 29), Sch. 22 para. 1(2)Pt. 4 modified (17.7.2014) by Finance Act 2014 (c. 26), Sch. 6 para. 1(2)(3)Pt. 4: power to amend conferred (17.12.2014) by Taxation of Pensions Act 2014 (c. 30), s. 4(3)Pt. 4 modified (15.9.2016) by Finance Act 2016 (c. 24), Sch. 4 para. 1Pt. 4 modified (15.9.2016) by Finance Act 2016 (c. 24), Sch. 4 para. 9(2)Pt. 4 modified (with effect in relation to the tax year 2024-25 and subsequent tax years) by The MPs’, Senedd and Assembly Pension Schemes (Tax) Regulations 2025 (S.I. 2025/52), regs. 1(2)(3), 6