The Registered Pension Schemes (Meaning of Pension Commencement Lump Sum) Regulations 2006
In the Finance Act 2004 (c. 12), Part 4 makes new provision for pension schemes, and Schedule 29 falls within Part 4. The Schedule makes further provision in connection with authorised lump sums, and paragraph 1 of the Schedule is concerned with the meaning of the expression “pension commencement lump sum”.