
Print Options
PrintThe Whole
Instrument
PrintThe Whole
Part
PrintThis
Section
only
Status:
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Taxation of Pension Schemes (Transitional Provisions) Order 2006
This section has no associated Explanatory Memorandum
11.—(1) The Taxation of Pension Schemes (Transitional Provisions) Order 2006() is amended as follows.
(2) In article 25CA (circumstance A: tax treatment of stand-alone lump sums), in paragraph (1)—
(a)for “for the purposes of determining the income tax treatment of a stand-alone lump sum paid” substitute “in relation”;
(b)after “pension scheme” insert “to whom a stand-alone lump sum is paid”.
(3) In article 25CB (circumstance B: tax treatment of stand-alone lump sums), in paragraph (1)—
(a)for “for the purposes of determining the income tax treatment of a stand-alone lump sum paid” substitute “in relation”;
(b)after “pension scheme” insert “to whom a stand-alone lump sum is paid”.
(4) In article 25CC (circumstance C: tax treatment of stand-alone lump sums)—
(a)in paragraph (1)—
(i)for “for the purposes of determining the income tax treatment of a stand-alone lump sum paid” substitute “in relation”;
(ii)after “pension scheme” insert “to whom a stand-alone lump sum is paid”;
(b)in paragraph (5), after “death benefit allowance)” insert “has effect as if”.
Back to top