In section 657(2) of the Taxes Act 1988 (annuities not treated as purchased life annuities within section 656), after paragraph (e) there shall be inserted“; or

(f)

to any annuity purchased, for purposes connected with giving effect to any pension sharing order or provision, for consideration which derives from—

(i)

a retirement benefits scheme (within the meaning of Chapter I of this Part) of a description mentioned in section 596(1);

(ii)

sums satisfying the conditions for relief under section 619;

(iii)

any such scheme or arrangements as are mentioned in paragraph (d) or (e) above; or

(iv)

the surrender, in whole or in part, of an annuity falling within paragraph (da) above or this paragraph, or of a contract for such an annuity.”