Taxes Consolidation Act 1997 Schedule 2C paragraph 12

Declaration of PEPP providers regarding PEPPs and vested PEPPs

Paragraph 12 of Schedule 2C sets out the requirements for the written declaration that a PEPP provider must make to an IREF in respect of units held as assets of a PEPP or a vested PEPP.

• A PEPP provider must make a signed, written declaration to the IREF in a form prescribed by Revenue, confirming that the units are assets of a PEPP or vested PEPP managed by the provider for the beneficial owner.
• The declaration must include the name, address and tax identification number (TIN) of the person beneficially entitled to the units.
• The provider must undertake to notify the IREF if the units cease to be PEPP or vested PEPP assets, or if the PEPP or vested PEPP becomes a specified person.
• The declaration must also include a certificate stating whether the unit holder is a specified person, any supporting documentation evidencing equivalence where relevant, and any other information Revenue may reasonably require.