The Registered Pension Schemes (Prescribed Interest Rates for Authorised Employer Loans) Regulations 2005
Section 179 of the Finance Act 2004 prescribes conditions which must be met before a loan made by a registered pension scheme to a sponsoring employer is an authorised employer loan. One of the conditions is that the rate of interest payable on the loan is not less than the rate prescribed by regulations. These Regulations prescribe that rate.