The Social Security (Contributions) (Amendment No. 5) Regulations 2006

• Citation: S.I. 2006/2829
• Sections: 4

Section 1 Citation and commencement

These Regulations may be cited as the Social Security (Contributions) (Amendment No. 5) Regulations 2006 and shall come into force on 16th November 2006.

Section 2 Amendment of Part 6 of Schedule 3 to the Social Security (Contributions) Regulations 2001

Amend Part 6 of Schedule 3 to the Social Security (Contributions) Regulations 2001 (payments disregarded for the purposes of earnings-related contributions) as follows.

Section 3 Amendment of Part 6 of Schedule 3 to the Social Security (Contributions) Regulations 2001

(1) Amend paragraph 3 (pensions and pension contributions: migrant member relief and corresponding relief) as follows.

(2) At the end of the heading to the paragraph add “ etc. ”.

(3) Renumber the existing paragraph as sub-paragraph (1) of that paragraph.

(4) Amend sub-paragraph (1) as follows—

(a) at the end of paragraph (a) add “and any benefit referable to that contribution”

(b) at the end of paragraph (b) add “and any benefit referable to that contribution”,

(c) after paragraph (b) omit “or” and insert—

(ba) an employer’s contribution to a pension scheme established by a government outside the United Kingdom for the benefit of its employees or primarily for their benefit, and any benefit referable to such a contribution (whenever made);

(d) omit paragraph (c);

(e) after paragraph (c) add—

(d) benefits from a pension scheme which are referable to contributions made before 6 th April 2006, provided that section 386 of ITEPA 2003 did not apply to those contributions by virtue of section 390 of that Act; or

(e) benefits subject to the unauthorised payment charge imposed by section 208 of the Finance Act 2004 as applied to a relevant non-UK scheme by virtue of paragraph 1 of Schedule 34 to that Act.

(5) At the end of the paragraph add—

(2) Expressions defined in Schedule 34 to the Finance Act 2004 have the same meaning in this paragraph as they have there.

Section 4 Amendment of Part 6 of Schedule 3 to the Social Security (Contributions) Regulations 2001

(1) Amend paragraph 11 (superannuation funds to which section 615(3) of the Taxes Act applies) as follows.

(2) After “and a payment by way of” insert “a pension or”.

(3) Omit “from which” to the end.