The Registered Pension Schemes (Authorised Member Payments) Regulations 2007
In the Finance Act 2004 (c. 12), Part 4 makes new provision for pension schemes; and section 164 of that Act provides that the only payments a registered pension scheme is authorised to make to or in respect of a member are those specified in that section. Section 164(f) of the Finance Act 2004 provides for authorised member payments to include payments of a description prescribed by regulations.