Introduction Details of the Section
2.Subsections (1)-(10) provide that HM Treasury may make regulations in relation to how taxes apply when there is an intervention by the FSCS in connection with registered pension schemes.
3.Subsection (6) provides that the regulations can have retrospective effect, but only if they do not increase any person’s tax liability.
4.Subsections (7)-(8) provide that the regulations may amend primary and secondary legislation.