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Finance Act 2007

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Changes over time for: Cross Heading: Scheme pensions where ill-health condition met

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Point in time view as at 17/12/2014.

Changes to legislation:

Finance Act 2007, Cross Heading: Scheme pensions where ill-health condition met is up to date with all changes known to be in force on or before 08 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Scheme pensions where ill-health condition metU.K.

7(1)Schedule 28 (pension rules) is amended as follows.U.K.

(2)In paragraph 2(4) (scheme pensions: cases where cessation or reduction of pension is permitted), for paragraph (a) substitute—

(a)the reduction of the pension if the member became entitled to it by reason of the ill-health condition being met,.

(3)In paragraph 2A(2) (certain reductions not permitted if part of avoidance arrangements), for “the rate of which is reduced in accordance with paragraph (b) of sub-paragraph (4) of paragraph 2 but” substitute “ which is reduced in accordance with paragraph (a) of sub-paragraph (4) of paragraph 2, or the rate of which is reduced in accordance with paragraph (b) of that sub-paragraph, and ”.

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