(This archived guidance relates to HMRC discretionary
practice before the 6th April 2006. For current guidance on
Registered Pension Schemes see the Registered Pension Schemes
Manual)
Section 591A extends to existing approved schemes,
any conditions imposed on new approvals through regulations made
under section 591. Such schemes are allowed three years to bring
their rules into line with the regulations' requirements if tax
approval is to be retained, unless the Board specifies, in
regulations, that it is not necessary to do so.
