Finance Act 2011

70(1)Section 182 (unauthorised borrowing: money purchase arrangements) is amended as follows.U.K.

(2)In subsection (3)—

(a)in paragraph (a), for “member's unsecured pension fund or alternatively secured pension fund” substitute “ member's drawdown pension fund ”;

(b)in paragraph (b), for “dependants' unsecured pension funds or alternatively secured pension funds” substitute “dependants' drawdown pension funds”.

(3)In subsection (5), for “unsecured pension fund or alternatively secured pension fund” substitute “ drawdown pension fund ”.