The Parliamentary Pensions (Amendment) Regulations 2006
These Regulations amend the Parliamentary Pensions (Consolidation and Amendment) Regulations 1993 (S.I. 1993/3253) (“the Contributory Fund Regulations”) and the Parliamentary Pensions (Additional Voluntary Contributions) Regulations 1993 (S.I. 1993/3252) (“the AVC Regulations”), both of which were made under the Parliamentary and other Pensions Act 1987 (c. 45) and set out pension schemes applying to Members of Parliament. Many of the amendments reflect changes that are consequential on the replacement on 6th April 2006 of the tax regime applying in respect of pensions under Part 14 of the Income and Corporation Taxes Act 1988 (c. 1) by Part 4 of the Finance Act 2004 (c. 12) (“Part 4”).