[266A Member's liability]
Finance Act 2004 (2004 c 12) | Legislation

[Relief from liability in respect of returned unauthorised member payments]

[266A  Member's liability]

[(1)     This section applies where—

(a)     a liability to the unauthorised payments charge, or to both the unauthorised payments charge and the unauthorised payments surcharge, has arisen in respect of an unauthorised member payment, and

(b)     property or money is transferred, or a sum paid, towards a registered pension scheme pursuant to [a relevant order] as a result of the unauthorised member payment.

(2)     The member of the registered pension scheme to or in respect of whom the unauthorised member payment was made (or, if it was

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