Part 9Pension income

Chapter 6Approved retirement benefits schemes

Interpretation etc.

587Application to marine pilots' benefit fund

1

In this Chapter the expression “approved retirement benefits scheme” includes a marine pilots' benefit fund which is approved by the Board of Inland Revenue under section 607 of ICTA for the purposes of Chapter 1 of Part 14 of ICTA.

2

In any case where the paying scheme for the purposes of section 583(3) is a pilots' benefit fund, the references in section 583(5) to an employee are to be read as references to a member or former member of the fund.

3

In this section “marine pilots' benefit fund” means—

a

a fund established under section 15(1)(i) of the Pilotage Act 1983 (c. 21), or

b

any scheme supplementing or replacing any such fund.