4(1)This Part of this Schedule applies if—U.K.
(a)before 29 November 2011, an employer (“E”) pays a contribution (“E's contribution”) under a registered pension scheme (“the relevant scheme”),
(b)at any time, relief is given in respect of E's contribution,
(c)if the reference in paragraph 3(2) above to 29 November 2011 were instead a reference to the date on which E's contribution is paid, E would have no entitlement to relief in respect of E's contribution by virtue of section 196B, 196C or 196D of FA 2004, and
(d)the asset-backed arrangement is not completed before 29 November 2011.
(2)For the purposes of sub-paragraph (1)(c) section 196F of FA 2004 is to be ignored.