181(1) A registered pension scheme that is an occupational pension scheme is to be treated as having made an unauthorised payment to a person who is or has been a sponsoring employer if, in connection with any of the events mentioned in subsection (2) or a change in the value of a currency–
(a)the value of an asset held for the purposes of the pension scheme is reduced or a liability of the pension scheme is increased, and
(b)the value of an asset held by or for the benefit of the person is increased, a liability of the person is reduced, or a liability of another person is reduced for the benefit of the person.
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