PART 1

Public service pension schemes
CHAPTER 2

Judicial schemes

Pension benefits and contributions: corrections

Powers to reduce or waive liabilities
56
1
Scheme regulations for a judicial scheme may make provision under which a liability owed by a person to the scheme under section 51 (corrections for pension benefits and lump sum benefits) is reduced or waived.
2
Scheme regulations for a judicial scheme may make provision under which a liability to pay pension contributions owed by a person to the scheme under section 52 (corrections for pension contributions) is reduced or waived.
3
The provision that may be made under subsection (2) includes, in particular, provision under which a liability to pay pension contributions is reduced by tax relief amounts.
4
In subsection (3) “tax relief amounts” means amounts determined by reference to the tax relief under section 188 of FA 2004 (relief for members’ contributions) that would have been available in respect of the amounts owed if—
a
they had been paid in a different tax year, or
b
they had been paid to a different judicial scheme.
S. 56 in force at Royal Assent for specified purposes, see s. 131(1)
S. 56 in force at 4.7.2023 in so far as not already in force by S.I. 2023/746, reg. 2(a)
Ss. 40-66 excluded (5.7.2023) by The Judicial Pensions (Remediable Service etc.) Regulations 2023 (S.I. 2023/766), regs. 1(b), 9(2)