The Armed Forces Pension Scheme etc. (Amendment) Order 2006
This Order is made under the Armed Forces (Pensions and Compensation) Act 2004 (c. 32) and is largely concerned with amending the rules of the Armed Forces Pension Scheme 2005 (“the Scheme”). Most 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”). Some minor amendments of the Armed Forces Early Departure Payments Scheme Order 2005 (S.I. 2005/437) (“the EDP Order”) and the Armed Forces Redundancy Payments Scheme Order 2006 (S.I. 2006/55) (“the Redundancy Order”) are also included.