Part IV Income Tax, Corporation Tax and Capital Gains Tax
Chapter I General
Retirement benefits schemes
108 Taxation of benefits of non-approved schemes.
F11
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F12
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F13
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F14
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F15
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F16
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7
Subject to subsection (8) below, in the Taxes Act 1988—
a
in section 188(1), paragraph (c), and
F1b
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(exemption from tax where recipient of benefit or lump sum chargeable to tax in respect of sums paid or treated as paid with a view to the provision of the benefit or lump sum) shall cease to have effect in relation to any benefit provided or lump sum paid on or after 1st December 1993.
8
The repeals made by subsection (7) above shall not have effect in relation to any benefit provided or lump sum paid on or after 1st December 1993 in pursuance of a scheme or arrangement entered into before that day unless the scheme or arrangement is varied on or after that day with a view to the provision of the benefit or lump sum.