PSI18.1.17 - Application for Approval and
Information Provisions: Application for Approval - Date of Approval
- Late Applications
-
(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)
Where an application is received late (see
PSI18.1.13), the date on which
approval will be granted is as follows:
- Non-discretionary schemes: approval will be
granted from the later of the start of the tax year in which a
valid application was made or the date of the trust.
- Discretionary schemes: approval will be
granted from the later of the start of the tax year in which a
valid application was made or the date of the trust, the date the
first contribution was paid/Life Office assumed the risk, or the
date the first member was notified.
Contact: | Date issued: | Next review:
