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Amendment of paragraph 34 of Schedule 36 to the Finance Act 2004
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3. In paragraph 34(2) (entitlement to lump sums exceeding 25% of uncrystallised rights) of Schedule 36 (transitional provisions) to the Finance Act 2004, in the sub-paragraph (7A) treated as substituted()—
(a)omit the “and” at the end of the definition of “AC”; and
(b)at the end of the definition of “VUR” insert—
“, and
CSLA is the current standard lifetime allowance().”
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