The Registered Pension Schemes (Authorised Member Payments) Regulations 2023
These Regulations enable payments to be made to the holders of insurance policies whose entitlements have been reduced following the issuing of a “write-down order” (as defined by regulation 2) without incurring charges to income tax under any of sections 208, 209 and 239 of the Finance Act 2004 (“FA 2004”) (c. 12).