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5. Regulation 11 (information provided by member to scheme administrator: enhanced lifetime allowance, enhanced protection, fixed protection or fixed protection 2014)(1) is amended as follows—
(a)in the heading, for “or fixed protection 2014” substitute “, fixed protection 2014 or individual protection 2014”, and
(b)the existing provision becomes paragraph (1) and after that paragraph insert—
“(2) If the member of a registered pension scheme intends to rely on entitlement to individual protection 2014 by virtue of Part 1 of Schedule 6 to the Finance Act 2014 (“Part 1”), the member must notify the scheme administrator of—
(a)the reference number issued by the Commissioners under the Registered Pension Schemes and Relieved Non-UK Pension Schemes (Lifetime Allowance Transitional Protection) (Individual Protection 2014 Notification) Regulations 2014; and
(b)the member’s relevant amount calculated in accordance with Part 1.”.
Regulation 11 was substituted by S.I. 2011/1797 and amended by S.I. 2013/1742.
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