Section 34 | Pension scheme administrators required to be resident in United Kingdom

(1)In Part 4 of FA 2004 (pensions), section 270 (meaning of “scheme administrator”) is amended as follows.

(2)In subsection (2)—

(a)in the opening words—

(i)for “cannot be” substitute “is not”;

(ii)for “unless” substitute “at any time unless, at that time,”;

(b)in paragraph (a) omit the words from “or another” to the end.

(3)In subsection (3)(b) omit the words from “, whether resident” to the end;

(4)Omit subsection (4).

(5)Subsections (1) to (4) come into force on 6 April 2026.