Part 2Unauthorised payments

Chapter 3Administration

Obligations under other enactments

regulation 14 + 14.—(1) An individual is not obliged to comply with an obligation under Part 2 of TMA 1970 (returns of income and gains) in respect of a top-up payment.

(2) A scheme administrator is not, in respect of a matter dealt with in a return, obliged to make or amend—

regulation 14 2 a + (a)an event report, or

regulation 14 2 b + (b)a return under section 254 of FA 2004 (accounting for tax by scheme administrators).

(3) Where, before the coming into force of these Regulations, an assessment was made by virtue of—

regulation 14 3 a + (a)section 9 (returns to include self-assessment) or 29 (assessment where loss of tax discovered) of TMA 1970, or

regulation 14 3 b + (b)regulation 4 of the Registered Pension Schemes (Accounting and Assessment) Regulations 2005 (the making of assessments)(1),

that assessment is to be treated as not including, and never having included, an amount in respect of a top-up payment.