RPSM13102220 - Technical Pages: International: Application of charges to non-UK schemes: Member payment charges and taxable property unauthorised payment charge: Regulation- making powers
Regulation-making powers
| [Para 7, Sch 34] |
HMRC has regulation-making powers to amend the application of
the normal UK rules under the member payment provisions. These
regulations can adapt the rules on payments that are made to or in
respect of members of
registered pension schemes where, instead, the
payment is to a relieved member or a transfer member of a relevant
non-UK scheme.
The regulations can
- apply retrospectively,
- confer discretion on HMRC,
- make different provision in relation to payments treated as being referable to a member's UK tax-relieved fund, or to a member's relevant transfer fund, under a relevant non-UK scheme,
- make different provision for different cases.
Further information about the modification of legislation and about HMRC's discretionary power is provided at RPSM13102710.
| Glossary ( RPSM20000000) |
